Civic Intelligence

Caney Fork Electric Cooperative Inc

990 • Fiscal year 2018 • EIN 62-0148804

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 15, 2018

Organization ProfileN/A

View Organization Page

PO Box 272Mcminnville, TN 37111

(931) 473-3116

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.60x

Higher debt load relative to assets than 68% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Liabilities / Revenue

35th percentile

1.14x

Higher debt load relative to revenue than 35% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Net Margin

78th percentile

2.8%

Higher net margin than 78% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Top Officer Pay

3rd percentile

$160,595

Higher top officer pay than 3% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Asset Growth

13th percentile

-0.1%

Faster asset growth than 13% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Revenue Growth

22nd percentile

2.8%

Faster revenue growth than 22% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$128,728,047

Down $86,203 (-0.1%) from 2017

Net Assets

Up

$51,441,438

Up $5,784,957 (+13%) from 2017

Liabilities

Down

$77,286,609

Down $5,871,160 (-7.1%) from 2017

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin78th percentile

Revenue

Up

$67,552,282

Up $1,817,892 (+2.8%) from 2017

Expenses

Up

$65,691,386

Up $1,119,723 (+1.7%) from 2017

Net Income

Up

$1,860,896

Up $698,169 (+60%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0Assets 2011: $106,135,765Liabilities 2011: $63,373,319Net Assets 2011: $42,762,4462011Assets 2012: $109,231,958Liabilities 2012: $65,627,220Net Assets 2012: $43,604,7382012Assets 2013: $113,492,868Liabilities 2013: $67,691,117Net Assets 2013: $45,801,7512013Assets 2014: $120,910,615Liabilities 2014: $73,239,435Net Assets 2014: $47,671,1802014Assets 2015: $120,775,931Liabilities 2015: $74,422,932Net Assets 2015: $46,352,9992015Assets 2016: $123,703,759Liabilities 2016: $79,418,223Net Assets 2016: $44,285,5362016Assets 2017: $128,814,250Liabilities 2017: $83,157,769Net Assets 2017: $45,656,4812017Assets 2018: $128,728,047Liabilities 2018: $77,286,609Net Assets 2018: $51,441,4382018Assets 2019: $131,845,775Liabilities 2019: $77,086,244Net Assets 2019: $54,759,5312019Assets 2020: $136,758,342Liabilities 2020: $76,501,685Net Assets 2020: $60,256,6572020Assets 2021: $140,728,513Liabilities 2021: $73,242,895Net Assets 2021: $67,485,6182021Assets 2022: $145,317,750Liabilities 2022: $70,911,445Net Assets 2022: $74,406,3052022Assets 2023: $146,308,723Liabilities 2023: $67,389,734Net Assets 2023: $78,918,9892023Assets 2024: $157,172,585Liabilities 2024: $64,314,430Net Assets 2024: $92,858,1552024Assets 2025: $174,812,650Liabilities 2025: $77,100,918Net Assets 2025: $97,711,7322025

Highlighted filing

2018

Assets$128,728,047
Liabilities$77,286,609
Net Assets$51,441,438
Open 2018 Filing

Operations Trend

Revenue Growth22nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MExpenses 2011: $63,613,3932011Expenses 2012: $60,291,3602012Expenses 2013: $60,928,4822013Revenue 2014: $65,557,130Expenses 2014: $63,945,712Net Income 2014: $1,611,4182014Revenue 2015: $64,403,829Expenses 2015: $64,973,962Net Income 2015: -$570,1332015Revenue 2016: $61,979,580Expenses 2016: $61,648,489Net Income 2016: $331,0912016Revenue 2017: $65,734,390Expenses 2017: $64,571,663Net Income 2017: $1,162,7272017Revenue 2018: $67,552,282Expenses 2018: $65,691,386Net Income 2018: $1,860,8962018Revenue 2019: $69,157,069Expenses 2019: $65,842,251Net Income 2019: $3,314,8182019Revenue 2020: $67,677,573Expenses 2020: $62,651,802Net Income 2020: $5,025,7712020Revenue 2021: $68,683,408Expenses 2021: $61,347,709Net Income 2021: $7,335,6992021Revenue 2022: $73,547,577Expenses 2022: $67,215,842Net Income 2022: $6,331,7352022Revenue 2023: $77,606,579Expenses 2023: $73,021,422Net Income 2023: $4,585,1572023Revenue 2024: $77,375,635Expenses 2024: $72,594,780Net Income 2024: $4,780,8552024Revenue 2025: $84,991,952Expenses 2025: $80,237,730Net Income 2025: $4,754,2222025

Highlighted filing

2018

Revenue$67,552,282
Expenses$65,691,386
Net Income$1,860,896
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 15, 2018
Return Version
2017v2.2
Gross Receipts
$67,552,282
Mission and Program Overview

Mission

To provide electric service in rural areas to the members of the Cooperative.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$95,109,946$97,848,263▲ $2,738,317
Rtn Earn Endowment Incm Other Fnds$45,504,316$51,285,753▲ $5,781,437
Cash and Non-Interest-Bearing Accounts$15,706,933$13,433,057▼ $2,273,876
Accounts Receivable$6,938,511$7,699,710▲ $761,199
Other Notes and Loans Receivable, Net$6,673,310$5,600,276▼ $1,073,034
Savings and Temporary Cash Investments$1,355,997$1,452,903▲ $96,906
Inventories for Sale or Use$894,370$808,335▼ $86,035
Prepaid Expenses and Deferred Charges$672,683$733,141▲ $60,458
Cap Stk Tr Prin Current Funds$152,165$155,685▲ $3,520
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$128,814,250$128,728,047▼ $86,203
Other Assets Total$1,462,500$1,152,362▼ $310,138
Liabilities
Mortgage Notes Payable Secured by Investment Property$51,037,940$47,889,000▼ $3,148,940
Other Liabilities$18,642,759$15,567,206▼ $3,075,553
Accounts Payable and Accrued Expenses$13,477,070$13,830,403▲ $353,333
Total Liabilities$83,157,769$77,286,609▼ $5,871,160
Net Assets / Fund Balance
Total Net Assets Fund Balance$45,656,481$51,441,438▲ $5,784,957
Total Liabilities and Net Assets / Fund Balance$128,814,250$128,728,047▼ $86,203

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$969,727$1,411,714-
Other Land Buildings$1,118,131$835,261-
Land$259,914--
Equipment$95,500,491$29,544,977-
Compensation and Service Providers
Top Officer Pay3rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William RogersManagerFT$120,657$39,938$160,595
Don McbeeControllerFT$106,300$30,003$136,303
Danny SuttonOperations DirectorFT$96,095$27,776$123,871
Kim HenryControllerFT$65,877$20,688$86,565
William R FloydPresident-$14,936-$14,936
Bill S DavisDirector-$14,636-$14,636
Bobby LoveVice President-$13,592-$13,592
Michael BouldinDirector-$13,144-$13,144
Glen H PageSecretary/Treas-$13,036-$13,036
Albert R DicusDirector-$11,636-$11,636
J Steve RollerDirector-$8,830-$8,830
Johnny R CrainDirector-$3,900-$3,900
James H HillisDirector-$3,150-$3,150
Jeanette FranceDirector-$2,750-$2,750

Highest Paid Contractors

ContractorServicesLocationCompensation
J & L Tree Service LLCTree Service35 CHERRY CIRCLE, Brush Creek, TN 38547$1,124,006
T & M Distribution Power LLCConstruction247 MASON LANE, Woodbury, TN 37190$412,917
Mckenzie Tree Service INCTree ServicePO BOX 425, Parsons, TN 38363$367,513
G&g Tree Service LLCTree ServicePO BOX 214, Liberty, TN 37095$219,804
Chempro ServicesClearing3311 GULF BREEZE PKY, Gulf Breeze, FL 32563$179,397
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$66,714,638
Investment Income
$839,794
Other Revenue
$-2,150
Change in Net Assets
$1,860,896

Audited Revenue Reconciliation

Revenue per Audited Statements
$67,552,282
Total Revenue per Audited Statements
$67,552,282
Total Revenue per Form 990
$67,552,282
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$65,202,847
Salaries, Compensation, and Employee Benefits$488,539
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$4,145,041--$4,145,041
Interest$1,836,896--$1,836,896
Current Officers, Directors, Trustees, and Key Employees$488,539--$488,539
Other Expenses$26,431--$26,431
Total Functional Expenses$65,691,386$0$0$65,691,386

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$65,691,386
Total Expenses per Audited Statements$65,691,386
Total Expenses per Form 990$65,691,386
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Postretirement benefits$13,449,426
Customer deposits$1,983,180
Other current liabilities$134,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“Members of the cooperative are individuals and businesses that are located within its service area and have electric service with the cooperative.”

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

“Directors serve three year terms. Members elect directors with expiring terms on an annual basis at an annual meeting.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The governing body reviews and approves the form 990 before filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The board members are requested yearly to complete a conflict of interest and disclosure form.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The performance of management employees is reviewed by the general manager of the cooperative. Any cost of living adjustments are approved by the board of directors. Each year, the board of directors review the performance of the general manager and determine any adjustments to the manager's salary at this time.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Financial information is distributed annually to members through an industry publication. All documents, policies, and financial information required to be made public by i.r.c. 6104 are available upon request.”

Filing and Contact Details

Filer

Filer Name
Caney Fork Electric Cooperative Inc
EIN
62-0148804
Phone
9314733116
Address
PO BOX 272, MCMINNVILLE, TN 37111

Signing Officer

Name
William Rogers
Title
Manager
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1940
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
0
Employees
84

Preparer

Firm
Totherow Haile & Welch CPAs PLLC
Address
2355 South Chancery St, McMinnville, TN 37110
Preparer
Gentry Underhill Jr CPA
Phone
9316681272
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Comprehensive income associated with postretirement benefits = -$0”

Other Changes In Net Assets Or Fund Balances - Other Increases

“Comprehensive income associated with postretirement benefits = $3920541”

Other Changes In Net Assets Or Fund Balances - Other Increases

“memberships received = $14793”

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Memberships refunded = -$11273”

Raw XML AppendixShowing 400 of 512 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt013477070
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013830403
IRS990/AccountsReceivableGrp/BOYAmt06938511
IRS990/AccountsReceivableGrp/EOYAmt07699710
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide electric service in rural areas to the members of the Cooperative.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Kim Henry
IRS990/BooksInCareOfDetail/PhoneNum09314733116
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0920 SMITHVILLE HIGHWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0MCMINNVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037110
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0152165
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0155685
IRS990/CashNonInterestBearingGrp/BOYAmt015706933
IRS990/CashNonInterestBearingGrp/EOYAmt013433057
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0488539
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0488539
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0367513
IRS990/ContractorCompensationGrp/CompensationAmt1412917
IRS990/ContractorCompensationGrp/CompensationAmt2219804
IRS990/ContractorCompensationGrp/CompensationAmt31124006
IRS990/ContractorCompensationGrp/CompensationAmt4179397
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 425
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1247 MASON LANE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO BOX 214
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt335 CHERRY CIRCLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt43311 GULF BREEZE PKY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0PARSONS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1WOODBURY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2LIBERTY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3BRUSH CREEK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4GULF BREEZE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1TN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2TN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3TN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd038363
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd137190
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd237095
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd338547
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd432563
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0MCKENZIE TREE SERVICE INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1T & M DISTRIBUTION POWER LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2G&G TREE SERVICE LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3J & L TREE SERVICE LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4CHEMPRO SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc0TREE SERVICE
IRS990/ContractorCompensationGrp/ServicesDesc1CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc2TREE SERVICE
IRS990/ContractorCompensationGrp/ServicesDesc3TREE SERVICE
IRS990/ContractorCompensationGrp/ServicesDesc4CLEARING
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0839794
IRS990/CYOtherExpensesAmt065202847
IRS990/CYOtherRevenueAmt0-2150
IRS990/CYProgramServiceRevenueAmt066714638
IRS990/CYRevenuesLessExpensesAmt01860896
IRS990/CYSalariesCompEmpBnftPaidAmt0488539
IRS990/CYTotalExpensesAmt065691386
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt067552282
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt04145041
IRS990/DepreciationDepletionGrp/TotalAmt04145041
IRS990/Desc0To provide electric service in rural areas to the members of the Cooperative.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt084
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt065691386
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.56
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.45
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.61
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.74
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.33
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.34
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.64
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.02
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1045.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1145.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1250.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1342.00
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1039938
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1120688
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1227776
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1330003
IRS990/Form990PartVIISectionAGrp/PersonNm0Glen H Page
IRS990/Form990PartVIISectionAGrp/PersonNm1William R Floyd
IRS990/Form990PartVIISectionAGrp/PersonNm2Jeanette France
IRS990/Form990PartVIISectionAGrp/PersonNm3Michael Bouldin
IRS990/Form990PartVIISectionAGrp/PersonNm4Bill S Davis
IRS990/Form990PartVIISectionAGrp/PersonNm5Albert R Dicus
IRS990/Form990PartVIISectionAGrp/PersonNm6James H Hillis
IRS990/Form990PartVIISectionAGrp/PersonNm7Bobby Love
IRS990/Form990PartVIISectionAGrp/PersonNm8J Steve Roller
IRS990/Form990PartVIISectionAGrp/PersonNm9JOHNNY R CRAIN
IRS990/Form990PartVIISectionAGrp/PersonNm10WILLIAM ROGERS
IRS990/Form990PartVIISectionAGrp/PersonNm11KIM HENRY
IRS990/Form990PartVIISectionAGrp/PersonNm12DANNY SUTTON
IRS990/Form990PartVIISectionAGrp/PersonNm13DON MCBEE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt013036
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt114936
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt313144
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt414636
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt511636
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt63150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt713592
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt88830
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt93900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10120657
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1165877
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1296095
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13106300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0Secretary/Treas
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt12OPERATIONS DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13CONTROLLER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01940
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt067552282
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt01836896
IRS990/InterestGrp/TotalAmt01836896
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0894370
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0808335
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0839794
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0839794
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt031791952
IRS990/LandBldgEquipBasisNetGrp/BOYAmt095109946
IRS990/LandBldgEquipBasisNetGrp/EOYAmt097848263
IRS990/LandBldgEquipCostOrOtherBssAmt0129640215
IRS990/LegalDomicileStateCd0TN
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt066399348
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide electric service in rural areas to the members of the Cooperative.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt051037940
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt047889000
IRS990/NetAssetsOrFundBalancesBOYAmt045656481
IRS990/NetAssetsOrFundBalancesEOYAmt051441438
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0-2150
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01462500
IRS990/OtherAssetsTotalGrp/EOYAmt01152362
IRS990/OtherChangesInNetAssetsAmt03924061
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Purchased power
IRS990/OtherExpensesGrp/Desc1Operating expenses
IRS990/OtherExpensesGrp/Desc2Maintenance expense
IRS990/OtherExpensesGrp/Desc3Miscellaneous
IRS990/OtherExpensesGrp/ProgramServicesAmt048281082
IRS990/OtherExpensesGrp/ProgramServicesAmt17340655
IRS990/OtherExpensesGrp/ProgramServicesAmt23572742
IRS990/OtherExpensesGrp/ProgramServicesAmt326431
IRS990/OtherExpensesGrp/TotalAmt048281082
IRS990/OtherExpensesGrp/TotalAmt17340655
IRS990/OtherExpensesGrp/TotalAmt23572742
IRS990/OtherExpensesGrp/TotalAmt326431
IRS990/OtherLiabilitiesGrp/BOYAmt018642759
IRS990/OtherLiabilitiesGrp/EOYAmt015567206
IRS990/OtherRevenueMiscGrp/BusinessCd0518210
IRS990/OtherRevenueMiscGrp/Desc0Billing/Coll Fees
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-2150
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0-2150
IRS990/OtherRevenueTotalAmt0-2150
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherSourcesGrossIncomeAmt0951953
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt06673310
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05600276
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0672683
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0733141
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Electric service
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt066714638
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt066714638
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0710256
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt064172022
IRS990/PYOtherRevenueAmt0-1653
IRS990/PYProgramServiceRevenueAmt065025787
IRS990/PYRevenuesLessExpensesAmt01162727
IRS990/PYSalariesCompEmpBnftPaidAmt0399641
IRS990/PYTotalExpensesAmt064571663
IRS990/PYTotalRevenueAmt065734390
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01860896
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt066714638
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt045504316
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt051285753
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01355997
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01452903
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0969727
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01411714
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02381441
IRS990ScheduleD/EquipmentGrp/BookValueAmt095500491
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029544977
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0125045468
IRS990ScheduleD/ExpensesSubtotalAmt065691386
IRS990ScheduleD/LandGrp/BookValueAmt0259914
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0259914
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01118131
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0835261
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt01953392
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01983180
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1134600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt213449426
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Customer deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Other current liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Postretirement benefits
IRS990ScheduleD/RevenueSubtotalAmt067552282
IRS990ScheduleD/TotalBookValueLandBuildingsAmt097848263
IRS990ScheduleD/TotalExpensesPerForm990Amt065691386

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$128,728,047
Liabilities
$77,286,609
Net assets
$51,441,438
Revenue
$67,552,282
Expenses
$65,691,386
Net income
$1,860,896
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$175$77.1$97.7$85.0$80.2$4.75
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$157$64.3$92.9$77.4$72.6$4.78
2023Detailed filing. Detailed filing data is available for this year.$146$67.4$78.9$77.6$73.0$4.59
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$145$70.9$74.4$73.5$67.2$6.33
2021Detailed filing. Detailed filing data is available for this year.$141$73.2$67.5$68.7$61.3$7.34
2020Detailed filing. Detailed filing data is available for this year.$137$76.5$60.3$67.7$62.7$5.03
2019Detailed filing. Detailed filing data is available for this year.$132$77.1$54.8$69.2$65.8$3.31
2018Detailed filing. Detailed filing data is available for this year.$129$77.3$51.4$67.6$65.7$1.86
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$129$83.2$45.7$65.7$64.6$1.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$124$79.4$44.3$62.0$61.6$0.33
2015Detailed filing. Detailed filing data is available for this year.$121$74.4$46.4$64.4$65.0$0.57
2014Detailed filing. Detailed filing data is available for this year.$121$73.2$47.7$65.6$63.9$1.61
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$113$67.7$45.8$60.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$109$65.6$43.6$60.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$106$63.4$42.8$63.6