Civic Intelligence

Sequachee Valley Electric Cooperative

990 • Fiscal year 2024 • EIN 62-0352367

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 28, 2025

PO Box 31South Pittsburg, TN 37380

(423) 837-8605

Siviq Scores

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

Liabilities / Assets

16th percentile

0.35x

Higher debt load relative to assets than 16% of similar nonprofits.

2024 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

9th percentile

0.57x

Higher debt load relative to revenue than 9% of similar nonprofits.

2024 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2024

Net Margin

82nd percentile

6.4%

Higher net margin than 82% of similar nonprofits.

2024 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$459,306

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2024 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2024

Asset Growth

62nd percentile

5.4%

Faster asset growth than 62% of similar nonprofits.

2024 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-0.5%

Faster revenue growth than 21% of similar nonprofits.

2024 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$180,374,420

Up $9,180,256 (+5.4%) from 2023

Net Assets

Up

$116,848,386

Up $7,047,052 (+6.4%) from 2023

Liabilities

Up

$63,526,034

Up $2,133,204 (+3.5%) from 2023

Revenue

Down

$112,012,967

Down $572,970 (-0.5%) from 2023

Expenses

Down

$104,899,096

Down $914,030 (-0.9%) from 2023

Net Income

Up

$7,113,871

Up $341,060 (+5.0%) from 2023

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2010: $92,835,554Liabilities 2010: $40,891,204Net Assets 2010: $51,944,3502010Assets 2011: $96,935,306Liabilities 2011: $42,704,552Net Assets 2011: $54,230,7542011Assets 2012: $98,841,433Liabilities 2012: $41,612,208Net Assets 2012: $57,229,2252012Assets 2013: $104,388,529Liabilities 2013: $44,319,376Net Assets 2013: $60,069,1532013Assets 2014: $107,134,539Liabilities 2014: $43,829,938Net Assets 2014: $63,304,6012014Assets 2015: $109,659,046Liabilities 2015: $43,320,807Net Assets 2015: $66,338,2392015Assets 2016: $117,574,351Liabilities 2016: $49,066,110Net Assets 2016: $68,508,2412016Assets 2017: $122,879,035Liabilities 2017: $50,355,142Net Assets 2017: $72,523,8932017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $134,666,582Liabilities 2019: $55,892,736Net Assets 2019: $78,773,8462019Assets 2020: $150,040,940Liabilities 2020: $65,793,638Net Assets 2020: $84,247,3022020Assets 2021: $156,994,323Liabilities 2021: $63,416,020Net Assets 2021: $93,578,3032021Assets 2022: $165,775,520Liabilities 2022: $63,109,003Net Assets 2022: $102,666,5172022Assets 2023: $171,194,164Liabilities 2023: $61,392,830Net Assets 2023: $109,801,3342023Assets 2024: $180,374,420Liabilities 2024: $63,526,034Net Assets 2024: $116,848,3862024Assets 2025: $195,168,121Liabilities 2025: $70,296,101Net Assets 2025: $124,872,0202025

Highlighted filing

2024

Assets$180,374,420
Liabilities$63,526,034
Net Assets$116,848,386

Operations Trend

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

$150M$100M$50M$0Expenses 2010: $71,593,5232010Revenue 2011: $81,656,179Expenses 2011: $79,369,775Net Income 2011: $2,286,4042011Revenue 2012: $78,630,124Expenses 2012: $75,631,653Net Income 2012: $2,998,4712012Revenue 2013: $81,539,050Expenses 2013: $78,699,122Net Income 2013: $2,839,9282013Revenue 2014: $85,383,059Expenses 2014: $82,147,611Net Income 2014: $3,235,4482014Revenue 2015: $86,874,984Expenses 2015: $83,841,346Net Income 2015: $3,033,6382015Revenue 2016: $84,169,376Expenses 2016: $81,999,374Net Income 2016: $2,170,0022016Revenue 2017: $88,875,447Expenses 2017: $84,859,795Net Income 2017: $4,015,6522017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $92,711,202Expenses 2019: $89,531,245Net Income 2019: $3,179,9572019Revenue 2020: $91,563,538Expenses 2020: $87,184,694Net Income 2020: $4,378,8442020Revenue 2021: $97,074,458Expenses 2021: $87,679,832Net Income 2021: $9,394,6262021Revenue 2022: $105,669,415Expenses 2022: $96,622,670Net Income 2022: $9,046,7452022Revenue 2023: $112,585,937Expenses 2023: $105,813,126Net Income 2023: $6,772,8112023Revenue 2024: $112,012,967Expenses 2024: $104,899,096Net Income 2024: $7,113,8712024Revenue 2025: $121,157,075Expenses 2025: $113,066,623Net Income 2025: $8,090,4522025

Highlighted filing

2024

Revenue$112,012,967
Expenses$104,899,096
Net Income$7,113,871
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 28, 2025
Return Version
2023v6.0
Gross Receipts
$112,012,967
Mission and Program Overview

Mission

Svec is a service organization meeting our member/customers' energy and community needs.

Our mission is to provide sales of electricity to members and provide our members a monthly magazine and newsletter.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$141,521,896$150,726,443▲ $9,204,547
Rtn Earn Endowment Incm Other Fnds$109,801,334$116,848,386▲ $7,047,052
Cash and Non-Interest-Bearing Accounts$11,909,447$9,335,344▼ $2,574,103
Savings and Temporary Cash Investments$3,690,948$3,700,740▲ $9,792
Other Notes and Loans Receivable, Net$2,959,067$3,338,349▲ $379,282
Accounts Receivable$2,228,504$3,231,644▲ $1,003,140
Inventories for Sale or Use$1,969,352$2,455,815▲ $486,463
Investments Program Related$995,464$1,031,903▲ $36,439
Prepaid Expenses and Deferred Charges$318,300$292,065▼ $26,235
Total Assets$171,194,164$180,374,420▲ $9,180,256
Other Assets Total$5,601,186$6,262,117▲ $660,931
Liabilities
Mortgage Notes Payable Secured by Investment Property$44,323,056$46,874,674▲ $2,551,618
Accounts Payable and Accrued Expenses$13,192,469$12,809,078▼ $383,391
Other Liabilities$3,877,305$3,842,282▼ $35,023
Total Liabilities$61,392,830$63,526,034▲ $2,133,204
Net Assets / Fund Balance
Total Net Assets Fund Balance$109,801,334$116,848,386▲ $7,047,052
Total Liabilities and Net Assets / Fund Balance$171,194,164$180,374,420▲ $9,180,256

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$135,556,316$115,169,961$250,726,277
Buildings$6,926,387$4,579,541$11,505,928
Other Land Buildings$7,020,839-$7,020,839
Land$1,222,901-$1,222,901
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry Michael PartinPresident/ceFT$327,654$131,652$459,306
Terry Michael PartinPresident/CEO-$297,025$162,281$459,306
Danny KirkendollVP-engineeriFT$212,557$105,478$318,035
Danny KirkendollVP-engineering & Ope-$182,134$135,901$318,035
Samuel MyersDist. OperatFT$216,364$20,399$236,763
Samuel MyersDist. Operations Mgr-$99,475$137,288$236,763
Susan B DuggarVP-customerFT$147,733$81,957$229,690
Susan B DuggarVP-customer Service-$131,074$98,616$229,690
William F BradfordJourneyman LFT$156,891$34,527$191,418
William F BradfordJourneyman Lineman-$155,408$36,010$191,418
Adam BlevinsJourneyman LFT$153,696$25,012$178,708
Adam BlevinsJourneyman Lineman-$152,145$26,563$178,708
Matthew BrewerVP-admin. SeFT$140,781$35,068$175,849
Matthew BrewerVP-admin. Services-$131,272$44,577$175,849
Zachary B StewartJourneyman LFT$153,417$16,319$169,736
Zachary B StewartJourneyman Lineman-$151,988$17,748$169,736
William GastonDirector-$11,680-$11,680
Michael JordanBoard Chairm-$10,905-$10,905
Judy FultsSecretary/tr-$9,795-$9,795
Jerry Don ThomasDirector-$9,045-$9,045
Randall GilliamDirector-$8,465-$8,465
Bobby Gravitt JrDirector-$8,175-$8,175
Travis SmithDirector-$7,910-$7,910
Roger PowellVice-chairma-$7,740-$7,740
Daniel DavenportDirector-$6,450-$6,450
Charles R YoungDirector-$5,335-$5,335
Robert SherrillDirector-$5,160-$5,160
Emily LayneDirector-$1,840-$1,840

Highest Paid Contractors

ContractorServicesLocationCompensation
Service ElectricLine ExtensionPO BOX 277790, Atlanta, GA 30384-7790$3,517,442
W A Kendall & Co LLCTree TrimmingPO BOX 831, Lawrenceville, GA 30046$1,848,450
Lewis Tree Service INCTree TrimmingPO BOX 731897, Dallas, TX 75373-1897$1,372,273
Xylem Tree ExpertsTree Trimming208 E PLUME ST STE 250, Norfolk, VA 23510$1,103,791
Smith Electrical ServicesConstruction100 MCCURDY RD, Trenton, GA 30752$620,001
Revenue and Support

Revenue Composition

Contributions and Grants
$61,239
Program Service Revenue
$111,129,764
Investment Income
$756,782
Other Revenue
$65,182
Change in Net Assets
$7,113,871
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$93,656,770
Salaries, Compensation, and Employee Benefits$11,242,326
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$8,675,322
Other Salaries and Wages---$7,509,052
Interest---$1,708,528
Occupancy---$1,420,430
Pension Plan Contributions---$1,349,385
Office Expenses---$1,156,945
Current Officers, Directors, Trustees, and Key Employees---$1,024,703
Other Expenses---$815,706
Other Employee Benefits---$780,862
Payroll Taxes---$578,324
All Other Expenses---$436,975
Information Technology---$423,592
Insurance---$366,269
Advertising---$292,170
Travel---$204,784
Fees for Services Management---$155,916
Conferences and Meetings---$61,597
Fees for Services Legal---$15,840
Fees for Services Accounting---$6,382
Total Functional Expenses$0$0$0$104,899,096
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$3,842,282
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization is a nonprofit electric cooperative that is member owned. There is only one class of members. All members have the right to elect the members of the board of directors (the governing body of svec).

Form 990, Page 6, Part VI, Line 7A

The members of the cooperative elect board members based on which district the member lives in. Board members must live in the district they represent and serve four-year terms.

Form 990, Page 6, Part VI, Line 11B

The board chairman, ceo, coo and vp of administrative services review the irs form 990 prior to its issuance.

Form 990, Page 6, Part VI, Line 12C

The directors are asked to complete a survey each year to ensure there are no conflicts of interest.

Form 990, Page 6, Part VI, Line 15A

The chairman of the board reviews the ceo compensation annually to comparative data from cooperatives from state and national organizations.

Form 990, Page 6, Part VI, Line 15B

The ceo determines the compensation of the key employees based upon information of peer groups supplied by state and national cooperative associations.

Form 990, Page 6, Part VI, Line 19

The bylaws are available on the cooperatives website and are available to members and nonmembers. Other information regarding the cooperative is sent out in the monthly newsletter and magazine.

Filing and Contact Details

Filer

Filer Name
Sequachee Valley Electric
EIN
62-0352367
Phone
4238378605
Address
PO BOX 31, SOUTH PITTSBURG, TN 37380

Signing Officer

Name
Michael Jordan
Title
Board Chairman
Phone
4238378605
Signed
2025-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Jordan
Formed
1939
Legal Domicile
Tn
Voting Board Members
11
Independent Board Members
11
Employees
89

Preparer

Firm
Winnett Associates Pllc
Address
PO BOX 745, SHELBYVILLE, TN 37162-0745
Preparer
Patrick R Lile
Phone
9316847142
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Amortization - postretirement ben. Oblig. - health -69,259 amortization - prior service cost 2,440 total -66,819

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

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1834527
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IRS990/Form990PartVIISectionAGrp/PersonNm2JUDY FULTS
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM GASTON
IRS990/Form990PartVIISectionAGrp/PersonNm4JERRY DON THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm5BOBBY GRAVITT JR
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT SHERRILL
IRS990/Form990PartVIISectionAGrp/PersonNm7DANIEL DAVENPORT
IRS990/Form990PartVIISectionAGrp/PersonNm8TRAVIS SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm9RANDALL GILLIAM
IRS990/Form990PartVIISectionAGrp/PersonNm10CHARLES R YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm11EMILY LAYNE
IRS990/Form990PartVIISectionAGrp/PersonNm12TERRY MICHAEL PARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm13MATTHEW BREWER
IRS990/Form990PartVIISectionAGrp/PersonNm14DANNY KIRKENDOLL
IRS990/Form990PartVIISectionAGrp/PersonNm15SAMUEL MYERS
IRS990/Form990PartVIISectionAGrp/PersonNm16ZACHARY B STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm17SUSAN B DUGGAR
IRS990/Form990PartVIISectionAGrp/PersonNm18WILLIAM F BRADFORD
IRS990/Form990PartVIISectionAGrp/PersonNm19ADAM BLEVINS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt010905
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17740
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt29795
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt311680
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt49045
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt58175
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt65160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt76450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt87910
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt98465
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt105335
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt111840
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12327654
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13140781
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14212557
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15216364
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16153417
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17147733
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18156891
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19153696
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIRM
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT/CE
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP-ADMIN. SE
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP-ENGINEERI
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIST. OPERAT
IRS990/Form990PartVIISectionAGrp/TitleTxt16JOURNEYMAN L
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP-CUSTOMER
IRS990/Form990PartVIISectionAGrp/TitleTxt18JOURNEYMAN L
IRS990/Form990PartVIISectionAGrp/TitleTxt19JOURNEYMAN L
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01939
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt088231
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt061239
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt088231
IRS990/GrossReceiptsAmt0112012967
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt037
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0423592
IRS990/InsuranceGrp/TotalAmt0366269
IRS990/InterestGrp/TotalAmt01708528
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01969352
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02455815
IRS990/InvestmentIncomeGrp/ExclusionAmt0668551
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0668551
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0995464
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01031903
IRS990/IRPDocumentCnt0113
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0119749502
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0141521896
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0150726443
IRS990/LandBldgEquipCostOrOtherBssAmt0270475945
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt0109266483
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SVEC IS A SERVICE ORGANIZATION MEETING OUR MEMBER/CUSTOMERS' ENERGY AND COMMUNITY NEEDS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt044323056
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt046874674
IRS990/NetAssetsOrFundBalancesBOYAmt0109801334
IRS990/NetAssetsOrFundBalancesEOYAmt0116848386
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt088231
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt088231
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt01420430
IRS990/OfficeExpensesGrp/TotalAmt01156945
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05601186
IRS990/OtherAssetsTotalGrp/EOYAmt06262117
IRS990/OtherChangesInNetAssetsAmt0-66819
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0780862
IRS990/OtherExpensesGrp/Desc0COST OF POWER PURCHASED
IRS990/OtherExpensesGrp/Desc1ALL OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2COST OF SERVICE-SV CONNEC
IRS990/OtherExpensesGrp/Desc3FIBER DISTRIBUTION
IRS990/OtherExpensesGrp/TotalAmt072870368
IRS990/OtherExpensesGrp/TotalAmt13138303
IRS990/OtherExpensesGrp/TotalAmt21907643
IRS990/OtherExpensesGrp/TotalAmt3815706
IRS990/OtherLiabilitiesGrp/BOYAmt03877305
IRS990/OtherLiabilitiesGrp/EOYAmt03842282
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER NONOPERATING REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt065182
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt065182
IRS990/OtherRevenueTotalAmt065182
IRS990/OtherSalariesAndWagesGrp/TotalAmt07509052
IRS990/OtherSourcesGrossIncomeAmt0756782
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02959067
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03338349
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0578324
IRS990/PensionPlanContributionsGrp/TotalAmt01349385
IRS990/PoliticalCampaignActyInd0true
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0318300
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0292065
IRS990/PrincipalOfficerNm0MICHAEL JORDAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2531190
IRS990/ProgramServiceRevenueGrp/BusinessCd3531190
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE REVENUE - SV CONNECT
IRS990/ProgramServiceRevenueGrp/Desc2POLE RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc3LEASE OF FIBER
IRS990/ProgramServiceRevenueGrp/ExclusionAmt01913463
IRS990/ProgramServiceRevenueGrp/ExclusionAmt115000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0101614709
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17586592
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0101614709
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17586592
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21913463
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt315000
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVISION OF BROADBAND INTERNET ACCESS, TV AND TELECOMMUNICATIONS SERVICES VIA FIBER OPTIC NETWORK TO RURAL HOMES AND BUSINESSES LOCATED IN MARION COUNTY, TENNESSEE.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt061239
IRS990/PYInvestmentIncomeAmt0429994
IRS990/PYOtherExpensesAmt093636765
IRS990/PYOtherRevenueAmt088432
IRS990/PYProgramServiceRevenueAmt0112006272
IRS990/PYRevenuesLessExpensesAmt06772811
IRS990/PYSalariesCompEmpBnftPaidAmt012176361
IRS990/PYTotalExpensesAmt0105813126
IRS990/PYTotalRevenueAmt0112585937
IRS990/ReconcilationRevenueExpnssAmt07113871
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0109801334
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0116848386
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03690948
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03700740
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/Section527PoliticalOrgGrp/ContributionsRcvdDlvrAmt04150
IRS990ScheduleC/Section527PoliticalOrgGrp/EIN0530116145
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0AMERICA'S ELECTRIC COOPERATIVES PAC
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt04301 WILSON BOULEVARD
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0ARLINGTON
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd022203
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION COLLECTED AMOUNTS FROM INDIVIDUAL BOARD MEMBERS AND REMITTED THESE FUNDS TO AMERICA'S ELECTRIC COOPERATIVES PAC (A POLITICAL ACTION COMMITTEE REGISTERED WITH THE FEDERAL ELECTION COMMISSION). THE ORGANIZATION DID NOT COMMIT ANY OF ITS OPERATING FUNDS TO THIS POLITICAL ACTION COMMITTEE.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART I-A, LINE 1
IRS990ScheduleD/BuildingsGrp/BookValueAmt06926387
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04579541
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011505928
IRS990ScheduleD/EquipmentGrp/BookValueAmt0135556316
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0115169961
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0250726277
IRS990ScheduleD/LandGrp/BookValueAmt01222901

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$195$70.3$125$121$113$8.09
2024Detailed filing. Detailed filing data is available for this year.$180$63.5$117$112$105$7.11
2023Detailed filing. Detailed filing data is available for this year.$171$61.4$110$113$106$6.77
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$166$63.1$103$106$96.6$9.05
2021Detailed filing. Detailed filing data is available for this year.$157$63.4$93.6$97.1$87.7$9.39
2020Detailed filing. Detailed filing data is available for this year.$150$65.8$84.2$91.6$87.2$4.38
2019Detailed filing. Detailed filing data is available for this year.$135$55.9$78.8$92.7$89.5$3.18
2018Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2017Summary only. Only limited summary data is available for this year.$123$50.4$72.5$88.9$84.9$4.02
2016Summary only. Only limited summary data is available for this year.$118$49.1$68.5$84.2$82.0$2.17
2015Summary only. Only limited summary data is available for this year.$110$43.3$66.3$86.9$83.8$3.03
2014Summary only. Only limited summary data is available for this year.$107$43.8$63.3$85.4$82.1$3.24
2013Summary only. Only limited summary data is available for this year.$104$44.3$60.1$81.5$78.7$2.84
2012Summary only. Only limited summary data is available for this year.$98.8$41.6$57.2$78.6$75.6$3.00
2011Summary only. Only limited summary data is available for this year.$96.9$42.7$54.2$81.7$79.4$2.29
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$92.8$40.9$51.9$71.6