Civic Intelligence

Volunteer Energy Cooperative

990 • Fiscal year 2016 • EIN 62-0395590

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 27, 2016

Organization ProfileWWW.VEC.ORG

View Organization Page

P O Box 277Decatur, TN 37322

(423) 334-1020

Siviq Scores

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

Liabilities / Assets

3rd percentile

0.24x

Higher debt load relative to assets than 3% of similar nonprofits.

2016 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2016

Liabilities / Revenue

2nd percentile

0.32x

Higher debt load relative to revenue than 2% of similar nonprofits.

2016 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2016

Net Margin

89th percentile

4.8%

Higher net margin than 89% of similar nonprofits.

2016 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2016

Top Officer Pay

13th percentile

$327,846

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2016 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2016

Asset Growth

50th percentile

3.0%

Faster asset growth than 50% of similar nonprofits.

2016 filings • 501(c)12 • $250M-$1B nonprofits • Annualized from 2015 to 2016

Revenue Growth

21st percentile

-4.5%

Faster revenue growth than 21% of similar nonprofits.

2016 filings • 501(c)12 • $250M-$1B nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets3rd percentile

Assets

Up

$311,559,168

Up $9,039,043 (+3.0%) from 2015

Net Assets

Up

$236,037,089

Up $8,386,994 (+3.7%) from 2015

Liabilities

Up

$75,522,079

Up $652,049 (+0.9%) from 2015

Revenue And Expenses
Liabilities / Revenue2nd percentileNet Margin89th percentile

Revenue

Down

$232,733,981

Down $10,934,572 (-4.5%) from 2015

Expenses

Down

$221,622,499

Down $14,676,600 (-6.2%) from 2015

Net Income

Up

$11,111,482

Up $3,742,028 (+51%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$400M$300M$200M$100M$0Assets 2011: $269,352,382Liabilities 2011: $90,901,017Net Assets 2011: $178,451,3652011Assets 2012: $278,858,320Liabilities 2012: $90,090,801Net Assets 2012: $188,767,5192012Assets 2013: $290,098,735Liabilities 2013: $82,809,283Net Assets 2013: $207,289,4522013Assets 2014: $296,689,098Liabilities 2014: $76,491,243Net Assets 2014: $220,197,8552014Assets 2015: $302,520,125Liabilities 2015: $74,870,030Net Assets 2015: $227,650,0952015Assets 2016: $311,559,168Liabilities 2016: $75,522,079Net Assets 2016: $236,037,0892016Assets 2017: $319,438,131Liabilities 2017: $68,779,953Net Assets 2017: $250,658,1782017Assets 2018: $341,200,276Liabilities 2018: $76,185,137Net Assets 2018: $265,015,1392018Assets 2019: $347,842,599Liabilities 2019: $73,464,179Net Assets 2019: $274,378,4202019Assets 2020: $341,075,531Liabilities 2020: $73,392,112Net Assets 2020: $267,683,4192020Assets 2021: $355,734,071Liabilities 2021: $68,190,700Net Assets 2021: $287,543,3712021Assets 2022: $369,462,846Liabilities 2022: $68,485,075Net Assets 2022: $300,977,7712022Assets 2023: $375,821,618Liabilities 2023: $60,140,425Net Assets 2023: $315,681,1932023Assets 2024: $386,525,774Liabilities 2024: $81,814,971Net Assets 2024: $304,710,8032024Assets 2025: $394,535,034Liabilities 2025: $79,105,467Net Assets 2025: $315,429,5672025

Highlighted filing

2016

Assets$311,559,168
Liabilities$75,522,079
Net Assets$236,037,089
Open 2016 Filing

Operations Trend

Revenue Growth21st percentile

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

$400M$300M$200M$100M$0Expenses 2011: $222,226,3752011Expenses 2012: $212,834,3702012Expenses 2013: $219,751,3322013Revenue 2014: $244,341,234Expenses 2014: $231,992,728Net Income 2014: $12,348,5062014Revenue 2015: $243,668,553Expenses 2015: $236,299,099Net Income 2015: $7,369,4542015Revenue 2016: $232,733,981Expenses 2016: $221,622,499Net Income 2016: $11,111,4822016Revenue 2017: $240,574,777Expenses 2017: $228,799,469Net Income 2017: $11,775,3082017Revenue 2018: $247,618,121Expenses 2018: $236,551,723Net Income 2018: $11,066,3982018Revenue 2019: $252,520,104Expenses 2019: $240,920,329Net Income 2019: $11,599,7752019Revenue 2020: $244,676,754Expenses 2020: $236,014,261Net Income 2020: $8,662,4932020Revenue 2021: $247,936,270Expenses 2021: $234,177,592Net Income 2021: $13,758,6782021Revenue 2022: $270,037,507Expenses 2022: $259,057,141Net Income 2022: $10,980,3662022Revenue 2023: $298,075,624Expenses 2023: $287,051,332Net Income 2023: $11,024,2922023Revenue 2024: $282,124,718Expenses 2024: $278,944,813Net Income 2024: $3,179,9052024Revenue 2025: $314,777,815Expenses 2025: $304,953,022Net Income 2025: $9,824,7932025

Highlighted filing

2016

Revenue$232,733,981
Expenses$221,622,499
Net Income$11,111,482
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 27, 2016
Return Version
2015v2.1
Gross Receipts
$232,733,981
Mission and Program Overview

Mission

NONE

To provide electric energy and related services to rural areas. The cooperative services 114,751 customers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$227,215,515$235,597,589▲ $8,382,074
Land, Buildings, and Equipment, Net$233,358,786$233,877,061▲ $518,275
Cash and Non-Interest-Bearing Accounts$30,086,974$44,539,977▲ $14,453,003
Accounts Receivable$23,505,522$17,198,376▼ $6,307,146
Other Notes and Loans Receivable, Net$6,387,163$6,023,168▼ $363,995
Investments Program Related$5,429,264$5,562,729▲ $133,465
Inventories for Sale or Use$3,722,416$3,575,648▼ $146,768
Prepaid Expenses and Deferred Charges-$762,209-
Cap Stk Tr Prin Current Funds$434,580$439,500▲ $4,920
Savings and Temporary Cash Investments$30,000$20,000▼ $10,000
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$302,520,125$311,559,168▲ $9,039,043
Liabilities
Other Liabilities$27,535,040$31,980,960▲ $4,445,920
Unsecured Notes Loans Payable$28,127,298$25,057,512▼ $3,069,786
Accounts Payable and Accrued Expenses$19,207,692$18,483,607▼ $724,085
Total Liabilities$74,870,030$75,522,079▲ $652,049
Net Assets / Fund Balance
Total Net Assets Fund Balance$227,650,095$236,037,089▲ $8,386,994
Total Liabilities and Net Assets / Fund Balance$302,520,125$311,559,168▲ $9,039,043

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$208,522,850$192,589,859$401,112,709
Buildings$19,429,926$5,587,777$25,017,703
Other Land Buildings$3,205,598-$3,205,598
Land$2,718,687-$2,718,687
Compensation and Service Providers
Top Officer Pay13th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Roderick BlevinsPresident/CEOFT$260,068$67,778$327,846
Clyde L JolleyVP - OperationsFT$138,670$45,251$183,921
Louis M DelorenzoArea ManagerFT$131,564$45,148$176,712
Bobby G RandolphArea ManagerFT$145,842$29,102$174,944
Paul KillianWorking/subforemanFT$130,710$39,464$170,174
John SelvidgeArea ManagerFT$121,411$42,074$163,485
Mark VerstynenVP of Acct and FinanceFT$109,453$38,151$147,604
Keith PhillipsDirectorPT$12,152-$12,152
Mike FrazierDirectorPT$11,752-$11,752
Larry StorieVice ChairmanPT$11,618-$11,618
Aubie SmithAsst. Secretary/treasurerPT$11,494-$11,494
Laney Colvard JrChairmanPT$11,494-$11,494
William J CampbellDirectorPT$11,424-$11,424
Jerry HenleyDirectorPT$11,424-$11,424
Sammy NortonSecretary/treasurerPT$11,224-$11,224
David J MilenDirectorPT$10,424-$10,424
Scott HumberdDirector-$6,600-$6,600
Randy BondDirectorPT$6,200-$6,200
Tim HandlerDirectorPT$5,600-$5,600

Highest Paid Contractors

ContractorServicesLocationCompensation
Service Electric CompanyLine ConstructionPO BOX 277790, Atlanta, GA 30384$5,724,925
Seelbach And Co INCRight Of Way ClearingPO BOX 987, Lawrenceville, GA 30046$4,349,720
Mps INCLine ConstructionPO BOX 3178, Cleveland, TN 37320$2,476,471
Galloway Construction LLCLine ConstructionPO BOX 69, Sunbright, TN 37872$1,707,367
Chase StaffingProfessional TemporariesPO BOX 534501, Atlanta, GA 30353$588,964
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$228,188,685
Investment Income
$919,698
Other Revenue
$3,625,598
Change in Net Assets
$11,111,482

Audited Revenue Reconciliation

Revenue per Audited Statements
$232,733,981
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$232,733,981
Total Revenue per Form 990
$232,733,981
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$211,525,191
Salaries, Compensation, and Employee Benefits$10,097,308
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$15,005,909
Other Salaries and Wages---$9,469,180
Other Expenses---$3,852,360
Interest---$1,483,201
Office Expenses---$1,385,539
Current Officers, Directors, Trustees, and Key Employees---$628,128
Fees for Services Accounting---$79,744
Fees for Services Legal---$23,592
All Other Expenses---$-5,985,663
Total Functional Expenses$0$0$0$221,622,499

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$221,622,499
Total Expenses per Audited Statements$221,622,499
Total Expenses per Form 990$221,622,499
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Pension Cost$15,316,065
Advances From Tva$5,776,522
Customer Deposits$4,690,602
Postretirement Benefits$3,047,063
Accumulated Compensated Absences$2,140,557
Other Current Liabilities$1,010,151
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Volunteer energy cooperative has 114,751 members to whom it provides electricity.”

Form 990, Part VI, Section A, Line 7A

“The members of volunteer energy cooperative elect the board members anually through a democratic process.”

Form 990, Part VI, Section B, Line 11

“The independent cpa firm that prepares the form will review the 990 with the board of directors before it is submitted to the irs.”

Form 990, Part VI, Section B, Line 12C

“A conflict of interest questionnaire form is sent out to the board of directors, the vice presidents, and the area managers to sign each year. Also, major purchases of $10,000 or more must be approved by the board of directors.”

Form 990, Part VI, Section B, Line 15

“The board of directors determines the compensation for officers of vec on an annual basis. The officers determine the compensation for the rest of the staff.”

Form 990, Part VI, Section C, Line 19

“The governing documents are available to the public upon request to the local office. The conflict of interest policy and financial statements are available upon a written request to the president/ceo.”

Filing and Contact Details

Filer

Filer Name
Volunteer Energy Cooperative
EIN
62-0395590
Phone
4233341020
Address
P O BOX 277, DECATUR, TN 37322

Signing Officer

Name
Roderick R Blevins
Title
President/CEO
Phone
4233341020
Signed
2016-09-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roderick R Blevins
Formed
1935
Legal Domicile
Tn
Voting Board Members
12
Independent Board Members
12
Employees
161
Volunteers
0

Preparer

Firm
Henderson Hutcherson & Mccullough Pllc
Address
1200 MARKET STREET, CHATTANOOGA, TN 37402
Preparer
Jerry Smith CPA
Phone
4237567771
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Minimum pension liability adjustment -3,426,045. Increase in membership fees 4,920. Post retirement benefit liability adjustment 696,637.”

FORM 990, PART XII, LINE 2C:

“Audit oversight process remains unchanged from the prior year.”

Pg. 10, Part IX, Line 24E, Other Expenses

“For presentation purposes, $9,728,426 was reclassified to salaries and wages to give a more accurate figure. A large amount of salaries is capitalized into plant during the year which leaves the salaries and wages expense amount understated. Since we reclassified this amount on part ix, other expenses shows a negative balance.”

Financial Statement Notes

PART X, LINE 2:

“Note 23 - uncertain tax positions effective july 1, 2009, the cooperative implemented the accounting guidance for uncertainty in income taxes using the provisions of asc topic 740, income taxes (previously fasb interpretation no. 48, accounting for uncertainty in income taxes - an interpretation of fasb statement no. 109). The adoption of fasb asc 740 did not have a material impact on the cooperative's financial statements. The cooperative has concluded that there are no significant uncertain tax positions requiring disclosure, and there are no material amounts of unrecognized tax benefits. The cooperative's evaluation was performed for tax years ended june 30, 2013 through june 30, 2016, the years that remain subject to examination by major tax jurisdictions as of june 30, 2016.”

Part VI, Line 1E

“Other investments - land, buildings and equipment: this amount is made up of construction wip”

Raw XML AppendixShowing 400 of 630 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt019207692
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt018483607
IRS990/AccountsReceivableGrp/BOYAmt023505522
IRS990/AccountsReceivableGrp/EOYAmt017198376
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO RURAL AREAS. THE COOPERATIVE SERVICES 114,751 CUSTOMERS.
IRS990/AllOtherExpensesGrp/TotalAmt0-5985663
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARK VERSTYNEN
IRS990/BooksInCareOfDetail/PhoneNum04233347010
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt018359 HWY 58 NORTH
IRS990/BooksInCareOfDetail/USAddress/CityNm0DECATUR
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037322
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0434580
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0439500
IRS990/CashNonInterestBearingGrp/BOYAmt030086974
IRS990/CashNonInterestBearingGrp/EOYAmt044539977
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt08
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0628128
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt05724925
IRS990/ContractorCompensationGrp/CompensationAmt14349720
IRS990/ContractorCompensationGrp/CompensationAmt22476471
IRS990/ContractorCompensationGrp/CompensationAmt31707367
IRS990/ContractorCompensationGrp/CompensationAmt4588964
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 277790
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 987
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO BOX 3178
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3PO BOX 69
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4PO BOX 534501
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0ATLANTA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1LAWRENCEVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2CLEVELAND
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3SUNBRIGHT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4ATLANTA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2TN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3TN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd030384
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd130046
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd237320
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd337872
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd430353
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SERVICE ELECTRIC COMPANY
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1SEELBACH AND CO INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2MPS INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3GALLOWAY CONSTRUCTION LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4CHASE STAFFING
IRS990/ContractorCompensationGrp/ServicesDesc0LINE CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc1RIGHT OF WAY CLEARING
IRS990/ContractorCompensationGrp/ServicesDesc2LINE CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc3LINE CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc4PROFESSIONAL TEMPORARIES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0919698
IRS990/CYOtherExpensesAmt0211525191
IRS990/CYOtherRevenueAmt03625598
IRS990/CYProgramServiceRevenueAmt0228188685
IRS990/CYRevenuesLessExpensesAmt011111482
IRS990/CYSalariesCompEmpBnftPaidAmt010097308
IRS990/CYTotalExpensesAmt0221622499
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0232733981
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt015005909
IRS990/Desc0TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO RURAL AREAS. THE COOPERATIVE SERVICES 114,751 CUSTOMERS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0161
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt0221622499
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt079744
IRS990/FeesForServicesLegalGrp/TotalAmt023592
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt212.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt312.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt710.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt89.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt116.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1250.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1350.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1445.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1550.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1645.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1762.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1845.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1267778
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1338151
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1445251
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1545148
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1629102
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1739464
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1842074
IRS990/Form990PartVIISectionAGrp/PersonNm0LANEY COLVARD JR
IRS990/Form990PartVIISectionAGrp/PersonNm1LARRY STORIE
IRS990/Form990PartVIISectionAGrp/PersonNm2SAMMY NORTON
IRS990/Form990PartVIISectionAGrp/PersonNm3AUBIE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4RANDY BOND
IRS990/Form990PartVIISectionAGrp/PersonNm5WILLIAM J CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm6SCOTT HUMBERD
IRS990/Form990PartVIISectionAGrp/PersonNm7MIKE FRAZIER
IRS990/Form990PartVIISectionAGrp/PersonNm8TIM HANDLER
IRS990/Form990PartVIISectionAGrp/PersonNm9JERRY HENLEY
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID J MILEN
IRS990/Form990PartVIISectionAGrp/PersonNm11KEITH PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm12RODERICK BLEVINS
IRS990/Form990PartVIISectionAGrp/PersonNm13MARK VERSTYNEN
IRS990/Form990PartVIISectionAGrp/PersonNm14CLYDE L JOLLEY
IRS990/Form990PartVIISectionAGrp/PersonNm15LOUIS M DELORENZO
IRS990/Form990PartVIISectionAGrp/PersonNm16BOBBY G RANDOLPH
IRS990/Form990PartVIISectionAGrp/PersonNm17PAUL KILLIAN
IRS990/Form990PartVIISectionAGrp/PersonNm18JOHN SELVIDGE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt011494
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt111618
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt211224
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt311494
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt46200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt511424
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt66600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt711752
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt85600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt911424
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1010424
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1112152
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12260068
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13109453
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14138670
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15131564
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16145842
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17130710
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18121411
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/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASST. SECRETARY/TREASURER
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/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP OF ACCT AND FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP - OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt15AREA MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt16AREA MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt17WORKING/SUBFOREMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt18AREA MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01935
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0232733981
IRS990/GrossRentsGrp/PersonalAmt03501852
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt01483201
IRS990/InventoriesForSaleOrUseGrp/BOYAmt03722416
IRS990/InventoriesForSaleOrUseGrp/EOYAmt03575648
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0919698
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0919698
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt05429264
IRS990/InvestmentsProgramRelatedGrp/EOYAmt05562729
IRS990/IRPDocumentCnt036
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0198177636
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0233358786
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0233877061
IRS990/LandBldgEquipCostOrOtherBssAmt0432054697
IRS990/LegalDomicileStateCd0TN
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt0228076792
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO RURAL AREA. THE COOPERATIVE SERVICES 114,751 CUSTOMERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0227650095
IRS990/NetAssetsOrFundBalancesEOYAmt0236037089
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt03501852
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03501852
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt01385539
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-2724488
IRS990/OtherExpensesGrp/Desc0COST OF POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION EXPENSE
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE AND GENE
IRS990/OtherExpensesGrp/Desc3CUSTOMER ACCOUNTS EXPEN
IRS990/OtherExpensesGrp/TotalAmt0176038686
IRS990/OtherExpensesGrp/TotalAmt113205107
IRS990/OtherExpensesGrp/TotalAmt26436716
IRS990/OtherExpensesGrp/TotalAmt33852360
IRS990/OtherLiabilitiesGrp/BOYAmt027535040
IRS990/OtherLiabilitiesGrp/EOYAmt031980960
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/Desc0PATRONAGE REFUND
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0123746
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0123746
IRS990/OtherRevenueTotalAmt0123746
IRS990/OtherSalariesAndWagesGrp/TotalAmt09469180
IRS990/OtherSourcesGrossIncomeAmt04622229
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt06387163
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt06023168
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0762209
IRS990/PrincipalOfficerNm0RODERICK R BLEVINS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/BusinessCd4221000
IRS990/ProgramServiceRevenueGrp/Desc0SALE OF ELECTRIC ENERGY
IRS990/ProgramServiceRevenueGrp/Desc1CONNECTION FEES, ETC
IRS990/ProgramServiceRevenueGrp/Desc2CUSTOMERS' FORFEITED DISCOUNTS
IRS990/ProgramServiceRevenueGrp/Desc3PROPANE SALES
IRS990/ProgramServiceRevenueGrp/Desc4NATURAL GAS SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0224564961
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11611860
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21259978
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3529950
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4128697
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0224564961
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11611860
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21259978
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3529950
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4128697
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0900261
IRS990/PYOtherExpensesAmt0225901517
IRS990/PYOtherRevenueAmt02828674
IRS990/PYProgramServiceRevenueAmt0239939618
IRS990/PYRevenuesLessExpensesAmt07369454
IRS990/PYSalariesCompEmpBnftPaidAmt010397582
IRS990/PYTotalExpensesAmt0236299099
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0243668553
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt011111482
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt03501852
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0227215515
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0235597589
IRS990/SavingsAndTempCashInvstGrp/BOYAmt030000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt019429926
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05587777
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt025017703
IRS990ScheduleD/EquipmentGrp/BookValueAmt0208522850
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0192589859
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0401112709
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0221622499
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02718687
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02718687
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03205598
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03205598
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02140557
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14690602
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23047063
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt35776522
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt415316065
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt51010151
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCUMULATED COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CUSTOMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2POSTRETIREMENT BENEFITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ADVANCES FROM TVA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4ACCRUED PENSION COST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5OTHER CURRENT LIABILITIES

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$311,559,168
Liabilities
$75,522,079
Net assets
$236,037,089
Revenue
$232,733,981
Expenses
$221,622,499
Net income
$11,111,482
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$395$79.1$315$315$305$9.82
2024Detailed filing. Detailed filing data is available for this year.$387$81.8$305$282$279$3.18
2023Detailed filing. Detailed filing data is available for this year.$376$60.1$316$298$287$11.0
2022Detailed filing. Detailed filing data is available for this year.$369$68.5$301$270$259$11.0
2021Detailed filing. Detailed filing data is available for this year.$356$68.2$288$248$234$13.8
2020Detailed filing. Detailed filing data is available for this year.$341$73.4$268$245$236$8.66
2019Detailed filing. Detailed filing data is available for this year.$348$73.5$274$253$241$11.6
2018Detailed filing. Detailed filing data is available for this year.$341$76.2$265$248$237$11.1
2017Detailed filing. Detailed filing data is available for this year.$319$68.8$251$241$229$11.8
2016Detailed filing. Detailed filing data is available for this year.$312$75.5$236$233$222$11.1
2015Detailed filing. Detailed filing data is available for this year.$303$74.9$228$244$236$7.37
2014Detailed filing. Detailed filing data is available for this year.$297$76.5$220$244$232$12.3
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$290$82.8$207$220
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$279$90.1$189$213
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$269$90.9$178$222