Civic Intelligence

Tri-County Electric Membership Corporation

990 • Fiscal year 2020 • EIN 62-0387653

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 25, 2020

Organization Profilewww.tcemc.org

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405 College StreetLafayette, TN 37083

(615) 666-2111

Siviq Scores

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

Liabilities / Assets

12th percentile

0.33x

Higher debt load relative to assets than 12% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

6th percentile

0.50x

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

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Net Margin

86th percentile

6.8%

Higher net margin than 86% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

28th percentile

$289,730

Higher top officer pay than 28% of similar nonprofits.

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

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Asset Growth

83rd percentile

9.8%

Faster asset growth than 83% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

20th percentile

-5.2%

Faster revenue growth than 20% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets12th percentile

Assets

Up

$189,992,959

Up $16,909,483 (+9.8%) from 2019

Net Assets

Up

$127,371,025

Up $8,937,146 (+7.5%) from 2019

Liabilities

Up

$62,621,934

Up $7,972,337 (+15%) from 2019

Revenue And Expenses
Liabilities / Revenue6th percentileNet Margin86th percentile

Revenue

Down

$125,250,731

Down $6,907,940 (-5.2%) from 2019

Expenses

Down

$116,723,317

Down $9,220,708 (-7.3%) from 2019

Net Income

Up

$8,527,414

Up $2,312,768 (+37%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$300M$200M$100M$0Assets 2011: $139,006,845Liabilities 2011: $50,965,980Net Assets 2011: $88,040,8652011Assets 2012: $142,198,927Liabilities 2012: $4,948,482Net Assets 2012: $137,250,4452012Assets 2013: $154,670,408Liabilities 2013: $56,989,004Net Assets 2013: $97,681,4042013Assets 2014: $159,231,534Liabilities 2014: $55,523,394Net Assets 2014: $103,708,1402014Assets 2015: $159,522,283Liabilities 2015: $53,613,171Net Assets 2015: $105,909,1122015Assets 2016: $160,809,058Liabilities 2016: $52,198,856Net Assets 2016: $108,610,2022016Assets 2017: $160,479,895Liabilities 2017: $53,645,502Net Assets 2017: $106,834,3932017Assets 2018: $168,009,476Liabilities 2018: $56,005,064Net Assets 2018: $112,004,4122018Assets 2019: $173,083,476Liabilities 2019: $54,649,597Net Assets 2019: $118,433,8792019Assets 2020: $189,992,959Liabilities 2020: $62,621,934Net Assets 2020: $127,371,0252020Assets 2021: $202,653,400Liabilities 2021: $66,432,118Net Assets 2021: $136,221,2822021Assets 2022: $217,353,336Liabilities 2022: $62,869,002Net Assets 2022: $154,484,3342022Assets 2023: $220,282,810Liabilities 2023: $58,048,563Net Assets 2023: $162,234,2472023Assets 2024: $227,583,980Liabilities 2024: $56,903,699Net Assets 2024: $170,680,2812024

Highlighted filing

2020

Assets$189,992,959
Liabilities$62,621,934
Net Assets$127,371,025
Open 2020 Filing

Operations Trend

Revenue Growth20th percentile

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

$200M$150M$100M$50M$0Revenue 2011: $121,171,263Expenses 2011: $115,219,095Net Income 2011: $5,952,1682011Revenue 2012: $110,993,542Expenses 2012: $104,761,972Net Income 2012: $6,231,5702012Expenses 2013: $106,104,0982013Revenue 2014: $118,049,973Expenses 2014: $112,283,251Net Income 2014: $5,766,7222014Revenue 2015: $116,137,759Expenses 2015: $112,628,574Net Income 2015: $3,509,1852015Revenue 2016: $119,671,885Expenses 2016: $116,783,691Net Income 2016: $2,888,1942016Revenue 2017: $129,443,620Expenses 2017: $125,706,659Net Income 2017: $3,736,9612017Revenue 2018: $134,032,346Expenses 2018: $128,671,088Net Income 2018: $5,361,2582018Revenue 2019: $132,158,671Expenses 2019: $125,944,025Net Income 2019: $6,214,6462019Revenue 2020: $125,250,731Expenses 2020: $116,723,317Net Income 2020: $8,527,4142020Revenue 2021: $128,697,666Expenses 2021: $117,432,769Net Income 2021: $11,264,8972021Revenue 2022: $143,230,071Expenses 2022: $132,496,661Net Income 2022: $10,733,4102022Revenue 2023: $150,554,249Expenses 2023: $143,411,932Net Income 2023: $7,142,3172023Revenue 2024: $147,312,290Expenses 2024: $140,117,211Net Income 2024: $7,195,0792024

Highlighted filing

2020

Revenue$125,250,731
Expenses$116,723,317
Net Income$8,527,414
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 25, 2020
Return Version
2019v5.0
Gross Receipts
$125,250,731
Mission and Program Overview

Mission

Distribution of electricity to over 54,000 metered locations in South Central Kentucky and Northern Middle Tennessee.

To be the provider of choice for energy related services by exceeding customer expectations and providing community leadership; your partner in a changing and competitive world

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$138,897,315$149,666,658▲ $10,769,343
Rtn Earn Endowment Incm Other Fnds$118,231,744$127,165,425▲ $8,933,681
Savings and Temporary Cash Investments$3,550,000$12,215,000▲ $8,665,000
Accounts Receivable$6,793,618$6,590,715▼ $202,903
Cash and Non-Interest-Bearing Accounts$1,404,781$4,252,131▲ $2,847,350
Inventories for Sale or Use$4,763,011$3,260,583▼ $1,502,428
Other Notes and Loans Receivable, Net$5,085,920$2,416,050▼ $2,669,870
Prepaid Expenses and Deferred Charges$933,561$882,489▼ $51,072
Cap Stk Tr Prin Current Funds$202,135$205,600▲ $3,465
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$173,083,476$189,992,959▲ $16,909,483
Other Assets Total$11,655,270$10,709,333▼ $945,937
Liabilities
Tax Exempt Bond Liabilities$17,285,094$30,166,838▲ $12,881,744
Other Liabilities$21,696,427$18,862,056▼ $2,834,371
Accounts Payable and Accrued Expenses$15,668,076$13,593,040▼ $2,075,036
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$54,649,597$62,621,934▲ $7,972,337
Net Assets / Fund Balance
Total Net Assets Fund Balance$118,433,879$127,371,025▲ $8,937,146
Total Liabilities and Net Assets / Fund Balance$173,083,476$189,992,959▲ $16,909,483

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$134,078,748$78,842,323$212,921,071
Equipment$10,277,278$11,385,215$21,662,493
Buildings$3,931,158$1,914,877$5,846,035
Land$1,379,474-$1,379,474
Leasehold Improvements$0$0$0
Other Assets Org$1,626,245--
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul ThompsonExec. V.P. & General ManagerFT$234,112$55,619$289,731
Jimmy BeechamDirector of EngineeringFT$144,374$116,534$260,908
Glenn HaleDirector of Finance & AdministrationFT$123,479$65,417$188,896
Tammy DixonDirector of H.R. & External RelationsFT$122,107$43,978$166,085
Bret CarverDirector-$8,250$15,309$23,559
Mike MillerDirector-$8,250$15,309$23,559
Jack OsgatharpDirector-$6,750$15,309$22,059
Jeffery DowningDirector-$6,750$15,309$22,059
T P Thompson JrDirector-$6,000$15,169$21,169
Mark LinkousDirector-$10,250$7,436$17,686
Ray GoadDirector-$7,750$6,101$13,851
Ronald BaileyDirector-$6,750$6,129$12,879
Kelby GravesDirector-$8,000$4,199$12,199
Tony BentleDirector-$8,000$191$8,191
Veachel HarlanDirector-$2,000$1,980$3,980

Highest Paid Contractors

ContractorServicesLocationCompensation
Da-Mar ConstructionFiber Construction Contractor1494 Ivan Downs Boulevard, Bowling Green, KY 42104$1,138,157
-Vegetation ManagementPO Box 825124, Philadelphia, PA 19182$323,356
Progressive SolutionsGeneral Construction1015 Spoon Brand Road, Burkesville, KY 42717$160,000
-Small Construction300 Windy Acres Lane, Hartsville, TN 37074$146,260
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$124,653,041
Investment Income
$597,690
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$8,527,414

Audited Revenue Reconciliation

Revenue per Audited Statements
$125,250,731
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$125,250,731
Total Revenue per Form 990
$125,250,731
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$107,363,494
Salaries, Compensation, and Employee Benefits$9,359,823
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$8,036,340
Other Salaries and Wages---$5,855,187
All Other Expenses---$2,692,705
Fees for Services Other---$2,146,283
Pension Plan Contributions---$1,154,698
Other Expenses---$1,112,057
Interest---$1,020,309
Current Officers, Directors, Trustees, and Key Employees---$948,042
Other Employee Benefits---$922,358
Payroll Taxes---$479,538
Information Technology---$462,499
Travel---$449,124
Insurance---$274,690
Fees for Services Legal---$40,350
Office Expenses---$34,079
Fees for Services Accounting---$18,740
Total Functional Expenses$0$0$0$116,723,317

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$116,723,317
Total Expenses per Audited Statements$116,723,317
Total Expenses per Form 990$116,723,317
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Post Retirement Benefits$10,766,219
Customer Deposits$2,847,425
Accrued Vacation & Sick Leave$2,110,427
Heat Pump Loans Payable$1,677,492
Accrued Property Taxes$757,209
Accrued Payroll$407,444
Other Accrued Expenses$290,706
Accrued Interest Expense$5,134
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 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
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

“All customers are charged a $5 refundable membership fee at time of application for service.”

Form 990, Part VI, Section A, Line 9

“Ronald Bailey, 4445 Gainsboro Highway, Celina, TN 38551; Tony Bentle, 1125 Rainbow Circle, Westmoreland, TN 37186; Bret Carver, 1399 Green Grove Road, Burkesville, KY 42133; Ray Goad, 4384 Long Creed Road, Lafayette, TN 37186, Kelby Graves, 3133 Ebeneezer Road, Tompkinsville, KY 42167; Veachel Harlan, 221 7th Street, Tompkinsville, KY 42167; Mark Linkous, P.O. Box 337, Edmonton, KY 42129; Mike Miller, 2174 Briarfield Road, Scottsville, KY 42164; Jack Osgatharp, 8531 Red Boiling Springs Road, Lafayette, TN 37083; T. P. Thompson, Jr., 730 Lock Six Road, Hartsville, TN 37074l.”

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

“Return not reviewed with governing body.”

Form 990, Part VI, Section B, Line 15

“All compensation and benefits are approved by the Board of Directors. Comparisons are made with other cooperatives on a state and regional basis to establish adequacy of such benefits. Compensation levels are administered by the General Manager.”

Form 990, Part VI, Section C, Line 19

“The documents are provided upon request. Summary financial information is provided to members at the annual membership meeting.”

Filing and Contact Details

Filer

Filer Name
Tri-county Electric Membership
EIN
62-0387653
Phone
6156662111
Address
405 College Street, Lafayette, TN 37083

Signing Officer

Name
Ray Goad
Title
Secretary
Phone
6156662111
Signed
2020-11-25

Organization Details

Principal Officer
Paul Thompson
Formed
1936
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
10
Employees
141
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Change in Past Pension Cost.”

Raw XML AppendixShowing 400 of 706 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.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt263651
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt343169
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt415309
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt515309
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt615309
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt715309
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt815169
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt97436
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt106101
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt116129
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt124199
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt13191
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt141980
IRS990/Form990PartVIISectionAGrp/PersonNm0Paul Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm1Jimmy Beecham
IRS990/Form990PartVIISectionAGrp/PersonNm2Glenn Hale
IRS990/Form990PartVIISectionAGrp/PersonNm3Tammy Dixon
IRS990/Form990PartVIISectionAGrp/PersonNm4Bret Carver
IRS990/Form990PartVIISectionAGrp/PersonNm5Mike Miller
IRS990/Form990PartVIISectionAGrp/PersonNm6Jeffery Downing
IRS990/Form990PartVIISectionAGrp/PersonNm7Jack Osgatharp
IRS990/Form990PartVIISectionAGrp/PersonNm8T P Thompson Jr
IRS990/Form990PartVIISectionAGrp/PersonNm9Mark Linkous
IRS990/Form990PartVIISectionAGrp/PersonNm10Ray Goad
IRS990/Form990PartVIISectionAGrp/PersonNm11Ronald Bailey
IRS990/Form990PartVIISectionAGrp/PersonNm12Kelby Graves
IRS990/Form990PartVIISectionAGrp/PersonNm13Tony Bentle
IRS990/Form990PartVIISectionAGrp/PersonNm14Veachel Harlan
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0238469
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1147133
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2125246
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3122916
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt48250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt58250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt66750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt76750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt86000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt910250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt107750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt116750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt128000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt138000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt142000
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/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0Exec. V.P. & General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director of Engineering
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director of Finance & Administration
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director of H.R. & External Relations
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/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt0125250731
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt00
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0462499
IRS990/InsuranceGrp/TotalAmt0274690
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt01020309
IRS990/InventoriesForSaleOrUseGrp/BOYAmt04763011
IRS990/InventoriesForSaleOrUseGrp/EOYAmt03260583
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0597690
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0597690
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt0141
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt092142415
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0138897315
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0149666658
IRS990/LandBldgEquipCostOrOtherBssAmt0241809073
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt0125250731
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Distribution of electricity to over 52,000 metered locations in South Central Kentucky and Northern Middle Tennessee.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0118433879
IRS990/NetAssetsOrFundBalancesEOYAmt0127371025
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt034079
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt011655270
IRS990/OtherAssetsTotalGrp/EOYAmt010709333
IRS990/OtherChangesInNetAssetsAmt0409732
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0922358
IRS990/OtherExpensesGrp/Desc0Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc1Electricity Purchased for Resale
IRS990/OtherExpensesGrp/Desc2Property Taxes
IRS990/OtherExpensesGrp/Desc3Gross Receipts Taxes
IRS990/OtherExpensesGrp/TotalAmt0163485
IRS990/OtherExpensesGrp/TotalAmt189391210
IRS990/OtherExpensesGrp/TotalAmt21521623
IRS990/OtherExpensesGrp/TotalAmt31112057
IRS990/OtherLiabilitiesGrp/BOYAmt021696427
IRS990/OtherLiabilitiesGrp/EOYAmt018862056
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt05855187
IRS990/OtherSourcesGrossIncomeAmt02816289
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05085920
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02416050
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0479538
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt01154698
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0933561
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0882489
IRS990/PrincipalOfficerNm0Paul Thompson
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/BusinessCd4221000
IRS990/ProgramServiceRevenueGrp/Desc0Electric Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Rent from Electric Property
IRS990/ProgramServiceRevenueGrp/Desc2Forfeited Discounts
IRS990/ProgramServiceRevenueGrp/Desc3Service Charges

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$189,992,959
Liabilities
$62,621,934
Net assets
$127,371,025
Revenue
$125,250,731
Expenses
$116,723,317
Net income
$8,527,414
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$228$56.9$171$147$140$7.20
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$220$58.0$162$151$143$7.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$217$62.9$154$143$132$10.7
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$203$66.4$136$129$117$11.3
2020Detailed filing. Detailed filing data is available for this year.$190$62.6$127$125$117$8.53
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$173$54.6$118$132$126$6.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$168$56.0$112$134$129$5.36
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$160$53.6$107$129$126$3.74
2016Summary only. Only limited summary data is available for this year.$161$52.2$109$120$117$2.89
2015Detailed filing. Detailed filing data is available for this year.$160$53.6$106$116$113$3.51
2014Summary only. Only limited summary data is available for this year.$159$55.5$104$118$112$5.77
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$155$57.0$97.7$106
2012Summary only. Only limited summary data is available for this year.$142$4.95$137$111$105$6.23
2011Summary only. Only limited summary data is available for this year.$139$51.0$88.0$121$115$5.95
Peer Organizations

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