Civic Intelligence

Tri-County Electric Membership Corporation

990 • Fiscal year 2021 • EIN 62-0387653

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 08, 2021

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

14th percentile

0.33x

Higher debt load relative to assets than 14% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Liabilities / Revenue

8th percentile

0.52x

Higher debt load relative to revenue than 8% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Net Margin

86th percentile

8.8%

Higher net margin than 86% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Top Officer Pay

48th percentile

$349,899

Higher top officer pay than 48% of similar nonprofits.

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

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Asset Growth

69th percentile

6.7%

Faster asset growth than 69% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Revenue Growth

39th percentile

2.8%

Faster revenue growth than 39% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$202,653,400

Up $12,660,441 (+6.7%) from 2020

Net Assets

Up

$136,221,282

Up $8,850,257 (+6.9%) from 2020

Liabilities

Up

$66,432,118

Up $3,810,184 (+6.1%) from 2020

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin86th percentile

Revenue

Up

$128,697,666

Up $3,446,935 (+2.8%) from 2020

Expenses

Up

$117,432,769

Up $709,452 (+0.6%) from 2020

Net Income

Up

$11,264,897

Up $2,737,483 (+32%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth69th 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

2021

Assets$202,653,400
Liabilities$66,432,118
Net Assets$136,221,282
Open 2021 Filing

Operations Trend

Revenue Growth39th 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

2021

Revenue$128,697,666
Expenses$117,432,769
Net Income$11,264,897
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 8, 2021
Return Version
2020v4.0
Gross Receipts
$128,697,666
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$149,666,658$154,882,057▲ $5,215,399
Rtn Earn Endowment Incm Other Fnds$127,165,425$136,011,892▲ $8,846,467
Savings and Temporary Cash Investments$12,215,000$20,994,000▲ $8,779,000
Accounts Receivable$6,590,715$5,414,135▼ $1,176,580
Inventories for Sale or Use$3,260,583$3,406,520▲ $145,937
Cash and Non-Interest-Bearing Accounts$4,252,131$2,199,838▼ $2,052,293
Other Notes and Loans Receivable, Net$2,416,050$1,828,992▼ $587,058
Prepaid Expenses and Deferred Charges$882,489$1,031,545▲ $149,056
Pd in Cap Srpls Land Bldg Eqp Fund$205,600$209,390▲ $3,790
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
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$189,992,959$202,653,400▲ $12,660,441
Other Assets Total$10,709,333$12,896,313▲ $2,186,980
Liabilities
Tax Exempt Bond Liabilities$30,166,838$28,220,189▼ $1,946,649
Other Liabilities$18,862,056$22,395,353▲ $3,533,297
Accounts Payable and Accrued Expenses$13,593,040$15,816,576▲ $2,223,536
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$62,621,934$66,432,118▲ $3,810,184
Net Assets / Fund Balance
Total Net Assets Fund Balance$127,371,025$136,221,282▲ $8,850,257
Total Liabilities and Net Assets / Fund Balance$189,992,959$202,653,400▲ $12,660,441

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$138,017,542$74,108,316$212,125,858
Equipment$11,299,670$12,339,276$23,638,946
Buildings$4,180,943$1,927,361$6,108,304
Land$1,383,902-$1,383,902
Leasehold Improvements$0$0$0
Other Assets Org$1,502,490--
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul ThompsonChief Executive OfficerFT$255,562$94,337$349,899
Paul ThompsonExec. V.P. & General Manager-$251,836$98,063$349,899
Jimmy BeechamDirector of Engineering-$154,192$143,749$297,941
Jimmy BeechamDirector of Engineering and OperationsFT$156,318$141,622$297,940
Glenn HaleDirector of Finance & AdministrationFT$131,880$80,475$212,355
Tammy DixonDirector of H.R. & External RelationsFT$139,296$68,115$207,411
Bret CarverDirector-$6,500$16,040$22,540
Jeffery DowningDirector-$6,000$16,040$22,040
Mike MillerDirector-$6,000$16,040$22,040
T P Thompson JrDirector-$6,000$15,906$21,906
Kelby GravesDirector-$10,000$10,546$20,546
Mark LinkousDirector-$9,250$6,550$15,800
Ronald BaileyDirector-$6,250$6,422$12,672
Andy GoadDirector-$6,000$6,388$12,388
Ray GoadDirector-$6,750$4,392$11,142
Jack OsgatharpDirector-$3,000$6,892$9,892
Tony BentleDirector-$7,000$128$7,128

Highest Paid Contractors

ContractorServicesLocationCompensation
Joseph HenryTree Trimming ServicesPO Box 831, Lawrenceville, GA 30246$1,651,752
Da-Mar ConstructionFiber Construction Contractor1494 Ivan Downs Boulevard, Bowling Green, KY 42104$869,545
W A Kendall and Co LLCGeneral Construction1015 Spoon Brand Road, Burkesville, KY 42717$258,209
-Right of Way Clearing2271 Carthage Road, Red Boiling Springs, TN 37150$249,636
-Right of Way Clearing3066 Oak Knob Road, Lafayette, TN 37083$246,017
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$128,527,107
Investment Income
$170,559
Other Revenue
$0
Change in Net Assets
$11,264,897

Audited Revenue Reconciliation

Revenue per Audited Statements
$128,697,666
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$128,697,666
Total Revenue per Form 990
$128,697,666
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$107,639,811
Salaries, Compensation, and Employee Benefits$9,792,958
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$8,573,936
Other Salaries and Wages---$5,702,602
All Other Expenses---$2,943,718
Fees for Services Other---$2,205,899
Other Employee Benefits---$1,411,152
Pension Plan Contributions---$1,180,403
Other Expenses---$1,139,174
Current Officers, Directors, Trustees, and Key Employees---$1,036,360
Interest---$732,819
Travel---$602,505
Information Technology---$497,965
Payroll Taxes---$462,441
Insurance---$251,676
Office Expenses---$36,701
Fees for Services Legal---$34,445
Fees for Services Accounting---$25,260
Total Functional Expenses$0$0$0$117,432,769

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$117,432,769
Total Expenses per Audited Statements$117,432,769
Total Expenses per Form 990$117,432,769
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
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$13,859,512
Customer Deposits$3,050,953
Accrued Vacation and Sick Leave$2,312,188
Heat Pump Loans Payable$1,571,471
Accrued Property Taxes$730,483
Accrued Payroll$454,711
Other Accrued Expenses$412,711
Accrued Interest Expense$3,324
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
Yes
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 7A

“Each member of the cooperative has equal rights and privileges. Each member is entitled to one vote on matters that are brought before the membership. The service territory is divided into 10 districts. Members within each district nominate and elect candidates to serve on the Cooperative Board of Directors.”

Form 990, Part VI, Section A, Line 9

“Ronald Bailey, 4445 Gainsboro Highway, Celina, TN 38554; Tony Bentle, 1125 Rainbow Circle, Westmoreland, TN 37186; Bret Carver, 1399 Green Grove Road, Burkesville, KY 42717; Jeff Downing, 469 Duns Ford Road, Fountain Run, KY 42133; Ray Goad, 4384 Long Creek Road, Lafayette, TN 37083; Andy Goad, 6506 Union Camp Road, Lafayette, TN 37083; Kelby Graves, 3133 Ebeneezer Road, Tompkinsville, KY 42167; Mark Linkous, PO Box 337, Edmonton, KY 42129; Mike Miller, 2174 Briarfield Road, Scottsville, KY 42164; T. P. Thompson, Jr., 730 Lock Six Road, Hartsville, TN 37074”

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 electric cooperatives on a state and regional basis to establish adequacy of such benefits. Compensation levels are administered by the Chief Executive Officer.”

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
Tony Bentle
Title
Secretary
Phone
6156662111
Signed
2021-10-08

Organization Details

Principal Officer
Paul Thompson
Formed
1936
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
10
Employees
131
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Change in Past Pension Cost - $(2,414,640)”

Raw XML AppendixShowing 400 of 663 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/KeyEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt094337
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1141622
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt278576
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt367161
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt416040
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt516040
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt616040
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt715906
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt810546
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt96550
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt106422
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt116388
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt124392
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt136892
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt14128
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/PersonNm7T P Thompson Jr
IRS990/Form990PartVIISectionAGrp/PersonNm8Kelby Graves
IRS990/Form990PartVIISectionAGrp/PersonNm9Mark Linkous
IRS990/Form990PartVIISectionAGrp/PersonNm10Ronald Bailey
IRS990/Form990PartVIISectionAGrp/PersonNm11Andy Goad
IRS990/Form990PartVIISectionAGrp/PersonNm12Ray Goad
IRS990/Form990PartVIISectionAGrp/PersonNm13Jack Osgatharp
IRS990/Form990PartVIISectionAGrp/PersonNm14Tony Bentle
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0255562
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1156318
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2133780
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3140251
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt46500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt56000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt66000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt76000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt810000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt99250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt106250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt116000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt126750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt133000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt147000
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/TitleTxt0Chief Executive Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director of Engineering and Operations
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/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0128697666
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/TotalAmt0497965
IRS990/InsuranceGrp/TotalAmt0251676
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt0732819
IRS990/InventoriesForSaleOrUseGrp/BOYAmt03260583
IRS990/InventoriesForSaleOrUseGrp/EOYAmt03406520
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0170559
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0170559
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt065
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt088374953
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0149666658
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0154882057
IRS990/LandBldgEquipCostOrOtherBssAmt0243257010
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt0128697666
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Distribution of electricity to over 54,000 metered locations in South Central Kentucky and Northern Middle Tennessee.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0127371025
IRS990/NetAssetsOrFundBalancesEOYAmt0136221282
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt036701
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010709333
IRS990/OtherAssetsTotalGrp/EOYAmt012896313
IRS990/OtherChangesInNetAssetsAmt0-2414640
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01411152
IRS990/OtherExpensesGrp/Desc0Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc1Electricity Purchased for Resale
IRS990/OtherExpensesGrp/Desc2Property Taxes
IRS990/OtherExpensesGrp/Desc3Gross Receipts Taxes
IRS990/OtherExpensesGrp/TotalAmt0184138
IRS990/OtherExpensesGrp/TotalAmt188977335
IRS990/OtherExpensesGrp/TotalAmt21434240
IRS990/OtherExpensesGrp/TotalAmt31139174
IRS990/OtherLiabilitiesGrp/BOYAmt018862056
IRS990/OtherLiabilitiesGrp/EOYAmt022395353
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt05702602
IRS990/OtherSourcesGrossIncomeAmt02197192
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02416050
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01828992
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0462441
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0205600
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0209390
IRS990/PensionPlanContributionsGrp/TotalAmt01180403
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0882489
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01031545
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
IRS990/ProgramServiceRevenueGrp/Desc4MIscellaneous
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt12026633
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0124338668
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2341184
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3517335
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt461066
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0124338668
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12026633
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2341184
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3517335
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt461066
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0597690
IRS990/PYOtherExpensesAmt0107363494
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0124653041
IRS990/PYRevenuesLessExpensesAmt08527414
IRS990/PYSalariesCompEmpBnftPaidAmt09359823
IRS990/PYTotalExpensesAmt0116723317
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0125250731
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt011264897
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$202,653,400
Liabilities
$66,432,118
Net assets
$136,221,282
Revenue
$128,697,666
Expenses
$117,432,769
Net income
$11,264,897
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
2021Detailed filing. Detailed filing data is available for this year.$203$66.4$136$129$117$11.3
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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