Civic Intelligence

Tri-County Electric Membership Corporation

990 • Fiscal year 2022 • EIN 62-0387653

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 14, 2022

Organization Profilewww.tcemc.org

View Organization Page

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405 College StreetLafayette, TN 37083

(800) 369-2111

Siviq Scores

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

Liabilities / Assets

11th percentile

0.29x

Higher debt load relative to assets than 11% of similar nonprofits.

2022 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2022

Liabilities / Revenue

8th percentile

0.44x

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

2022 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2022

Net Margin

88th percentile

7.5%

Higher net margin than 88% of similar nonprofits.

2022 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2022

Top Officer Pay

50th percentile

$360,231

Higher top officer pay than 50% of similar nonprofits.

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

2022 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2022

Asset Growth

66th percentile

7.3%

Faster asset growth than 66% of similar nonprofits.

2022 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Revenue Growth

66th percentile

11%

Faster revenue growth than 66% of similar nonprofits.

2022 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets11th percentile

Assets

Up

$217,353,336

Up $14,699,936 (+7.3%) from 2021

Net Assets

Up

$154,484,334

Up $18,263,052 (+13%) from 2021

Liabilities

Down

$62,869,002

Down $3,563,116 (-5.4%) from 2021

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin88th percentile

Revenue

Up

$143,230,071

Up $14,532,405 (+11%) from 2021

Expenses

Up

$132,496,661

Up $15,063,892 (+13%) from 2021

Net Income

Down

$10,733,410

Down $531,487 (-4.7%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth66th 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

2022

Assets$217,353,336
Liabilities$62,869,002
Net Assets$154,484,334
Open 2022 Filing

Operations Trend

Revenue Growth66th 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

2022

Revenue$143,230,071
Expenses$132,496,661
Net Income$10,733,410
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 14, 2022
Return Version
2021v4.0
Gross Receipts
$143,230,071
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$154,882,057$160,705,795▲ $5,823,738
Rtn Earn Endowment Incm Other Fnds$136,011,892$154,272,094▲ $18,260,202
Savings and Temporary Cash Investments$20,994,000$25,242,000▲ $4,248,000
Accounts Receivable$5,414,135$6,955,811▲ $1,541,676
Inventories for Sale or Use$3,406,520$3,951,877▲ $545,357
Cash and Non-Interest-Bearing Accounts$2,199,838$3,373,825▲ $1,173,987
Other Notes and Loans Receivable, Net$1,828,992$2,617,544▲ $788,552
Prepaid Expenses and Deferred Charges$1,031,545$897,075▼ $134,470
Pd in Cap Srpls Land Bldg Eqp Fund$209,390$212,240▲ $2,850
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$202,653,400$217,353,336▲ $14,699,936
Other Assets Total$12,896,313$13,609,409▲ $713,096
Liabilities
Tax Exempt Bond Liabilities$28,220,189$26,538,254▼ $1,681,935
Accounts Payable and Accrued Expenses$15,816,576$19,753,379▲ $3,936,803
Other Liabilities$22,395,353$16,577,369▼ $5,817,984
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$66,432,118$62,869,002▼ $3,563,116
Net Assets / Fund Balance
Total Net Assets Fund Balance$136,221,282$154,484,334▲ $18,263,052
Total Liabilities and Net Assets / Fund Balance$202,653,400$217,353,336▲ $14,699,936

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$145,745,782$84,543,792$230,289,574
Equipment$9,371,857$17,629,141$27,000,998
Buildings$4,198,426$1,985,677$6,184,103
Land$1,389,730-$1,389,730
Leasehold Improvements$0$0$0
Other Assets Org$1,388,562--
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul ThompsonChief Executive OfficerFT$258,775$101,455$360,230
Tammy DixonDirector of H.R. & External RelationsFT$142,478$82,910$225,388
Glenn HaleDirector of Finance & AdministrationFT$132,260$87,989$220,249
Jimmy BeechamDirector of Engineering and OperationsFT$155,414$2,924$158,338
Mike MillerDirector-$9,200$17,641$26,841
Jeffery DowningDirector-$8,200$17,641$25,841
Bret CarverDirector-$7,950$17,641$25,591
T P Thompson JrDirector-$7,700$17,506$25,206
Kelby GravesDirector-$11,100$7,159$18,259
Mark LinkousDirector-$9,600$7,159$16,759
Andy GoadDirector-$9,000$7,159$16,159
Ronald BaileyDirector-$7,700$7,031$14,731
Tony BentleDirector-$9,450$108$9,558
Ray GoadDirector-$3,000$5,978$8,978
Ron Alan PowellDirector-$7,750$329$8,079

Highest Paid Contractors

ContractorServicesLocationCompensation
Stafford Bush HoggingTree Trimming ServicesPO Box 831, Lawrenceville, GA 30246$1,716,637
Joseph HenryRight of Way Clearing2271 Carthage Road, Red Boiling Springs, TN 37150$320,560
W A Kendall and Co LLCFiber Construction Contractor1494 Ivan Downs Boulevard, Bowling Green, KY 42104$300,745
Lester Blake McIntyreRight of Way Clearing3066 Oak Knob Road, Lafayette, TN 37083$294,429
-Mechanic Services14119 Fountain Run Road, Fountain Run, KY 42133$113,420
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$143,026,156
Investment Income
$203,915
Other Revenue
$0
Change in Net Assets
$10,733,410

Audited Revenue Reconciliation

Revenue per Audited Statements
$143,230,071
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$143,230,071
Total Revenue per Form 990
$143,230,071
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$121,619,485
Salaries, Compensation, and Employee Benefits$10,877,176
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$8,965,850
Other Salaries and Wages---$6,431,504
All Other Expenses---$3,028,487
Fees for Services Other---$2,666,495
Other Employee Benefits---$1,498,468
Other Expenses---$1,325,423
Pension Plan Contributions---$1,285,701
Current Officers, Directors, Trustees, and Key Employees---$1,168,242
Travel---$819,343
Interest---$683,330
Information Technology---$551,629
Payroll Taxes---$493,261
Insurance---$225,876
Office Expenses---$42,005
Fees for Services Legal---$36,157
Fees for Services Accounting---$31,740
Total Functional Expenses$0$0$0$132,496,661

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$132,496,661
Total Expenses per Audited Statements$132,496,661
Total Expenses per Form 990$132,496,661
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$6,990,254
Customer Deposits$3,193,287
Accrued Vacation & Sick Leave$3,131,437
Heat Pump Loans Payable$1,443,799
Accrued Property Taxes$750,684
Other Accrued Expenses$517,953
Accrued Payroll$509,435
Accrued Interest Expense$40,520
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; Travis Carter, 1022 Dutch Creek Road, Westmoreland, TN 37186; Bret Carver, 1399 Green Grove Road, Burkesville, KY 42717; Jeff Downing, 469 Duns Ford Road, Fountain Run, KY 42133; Andy Goad, 6506 Union Camp Road, Lafayette, TN 37083; Kelby Graves, 3133 Ebeneezer Road, Tompkinsville, KY 42167; Mark Linkous, P.O. Box 337, Edmonton, KY 42129; Mike Miller, 2174 Briarfield Road, Scottsville, KY 42164; Ron Alan Powell, 548 Horton Lane, Lafayette, TN 37083; 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
8003692111
Address
405 College Street, Lafayette, TN 37083

Signing Officer

Name
Mike Miller
Title
Director
Phone
6156662111
Signed
2022-10-14

Organization Details

Principal Officer
Paul Thompson
Formed
1936
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
10
Employees
136
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Change in Past Pension Cost”

Raw XML AppendixShowing 400 of 679 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/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt097086
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1160277
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt281925
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt390987
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt417641
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt517641
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt617641
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt717506
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt87159
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt97159
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt107159
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt117031
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt12108
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt135978
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt14329
IRS990/Form990PartVIISectionAGrp/PersonNm0Paul Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm1Jimmy Beecham
IRS990/Form990PartVIISectionAGrp/PersonNm2Tammy Dixon
IRS990/Form990PartVIISectionAGrp/PersonNm3Glenn Hale
IRS990/Form990PartVIISectionAGrp/PersonNm4Mike Miller
IRS990/Form990PartVIISectionAGrp/PersonNm5Jeffery Downing
IRS990/Form990PartVIISectionAGrp/PersonNm6Bret Carver
IRS990/Form990PartVIISectionAGrp/PersonNm7T P Thompson Jr
IRS990/Form990PartVIISectionAGrp/PersonNm8Kelby Graves
IRS990/Form990PartVIISectionAGrp/PersonNm9Mark Linkous
IRS990/Form990PartVIISectionAGrp/PersonNm10Andy Goad
IRS990/Form990PartVIISectionAGrp/PersonNm11Ronald Bailey
IRS990/Form990PartVIISectionAGrp/PersonNm12Tony Bentle
IRS990/Form990PartVIISectionAGrp/PersonNm13Ray Goad
IRS990/Form990PartVIISectionAGrp/PersonNm14Ron Alan Powell
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0263145
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1158338
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2143464
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3134185
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt49200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt58200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt67950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt77700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt811100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt99600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt109000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt117700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt129450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt133000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt147750
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 H.R. & External Relations
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director of Finance & Administration
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/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0143230071
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0551629
IRS990/InsuranceGrp/TotalAmt0225876
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt0683330
IRS990/InventoriesForSaleOrUseGrp/BOYAmt03406520
IRS990/InventoriesForSaleOrUseGrp/EOYAmt03951877
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0203915
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0203915
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt068
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0104158610
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0154882057
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0160705795
IRS990/LandBldgEquipCostOrOtherBssAmt0264864405
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt0143230071
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/NetAssetsOrFundBalancesBOYAmt0136221282
IRS990/NetAssetsOrFundBalancesEOYAmt0154484334
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt042005
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012896313
IRS990/OtherAssetsTotalGrp/EOYAmt013609409
IRS990/OtherChangesInNetAssetsAmt07529642
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01498468
IRS990/OtherExpensesGrp/Desc0Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc1Electricity Purchased for Resale
IRS990/OtherExpensesGrp/Desc2Property Taxes
IRS990/OtherExpensesGrp/Desc3Gross Receipts Tax
IRS990/OtherExpensesGrp/TotalAmt0246997
IRS990/OtherExpensesGrp/TotalAmt1101474585
IRS990/OtherExpensesGrp/TotalAmt21521568
IRS990/OtherExpensesGrp/TotalAmt31325423
IRS990/OtherLiabilitiesGrp/BOYAmt022395353
IRS990/OtherLiabilitiesGrp/EOYAmt016577369
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt06431504
IRS990/OtherSourcesGrossIncomeAmt02343134
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01828992
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02617544
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0493261
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0209390
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0212240
IRS990/PensionPlanContributionsGrp/TotalAmt01285701
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01031545
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0897075
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/ExclusionAmt12139219
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0138359144
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2344825
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3559886
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt461171
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0138359144
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12139219
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2344825
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3559886
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt461171
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0170559
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0107639811
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0128527107
IRS990/PYRevenuesLessExpensesAmt011264897
IRS990/PYSalariesCompEmpBnftPaidAmt09792958

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$217,353,336
Liabilities
$62,869,002
Net assets
$154,484,334
Revenue
$143,230,071
Expenses
$132,496,661
Net income
$10,733,410
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
2022Detailed filing. Detailed filing data is available for this year.$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
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