MIDDLE TENNESSEE ELECTRIC MEMBERSHI P CORPORATION: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- MIDDLE TENNESSEE ELECTRIC MEMBERSHI P CORPORATION (EIN 62-0293472)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-08-29
- IRS object ID
- 201902419349300315
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-08-29T08:49:33-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 631035228 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jackson Thornton & Co PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 96 | AddressLine1Txt |
| City | Montgomery | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 361010096 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620293472 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Middle Tennessee Electric | BusinessNameLine1Txt |
| Business Name Line2 | Membership Corporation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MIDD | BusinessNameControlTxt |
| Phone | 6154941551 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 New Salem Highway | AddressLine1Txt |
| City | Murfreesboro | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37129 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Chris Jones | PersonNm |
| Person Title | President/CEO | PersonTitleTxt |
| Phone | 6154941551 | PhoneNum |
| Signature | 2019-08-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Patrick Cooper | PreparerPersonNm |
| PTIN | P00856177 | PTIN |
| Phone | 3348347660 | PhoneNum |
| Preparation | 2019-08-27 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 142.154.130.164 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-08-27 | IPDt |
| IP Tm | 19:27:12 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Chris Jones | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 New Salem Highway | AddressLine1Txt |
| City | Murfreesboro | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37129 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $624,885,085 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.mtemc.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1936 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | Middle Tennessee Electric Membership Corporation's mission is to provide affordable, reliable, safe electricity and outstanding member service. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 436 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $300,791,188 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $618,040,564 | CYProgramServiceRevenueAmt |
| PY Investment Income | $439,983 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,002,864 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,933,076 | PYOtherRevenueAmt |
| CY Other Revenue | $5,198,173 | CYOtherRevenueAmt |
| PY Total Revenue | $303,164,247 | PYTotalRevenueAmt |
| CY Total Revenue | $624,241,601 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $16,899,947 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $16,882,157 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,830,791 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $276,943,329 | PYOtherExpensesAmt |
| CY Other Expenses | $603,510,863 | CYOtherExpensesAmt |
| PY Total Expenses | $293,825,486 | PYTotalExpensesAmt |
| CY Total Expenses | $624,241,601 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,338,761 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $622,011,801 | TotalAssetsBOYAmt |
| Total Assets EOY | $656,499,046 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $196,181,896 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $212,698,653 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $425,829,905 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $443,800,393 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Middle Tennessee Electric Membership Corporation's mission is to provide affordable, reliable, safe electricity and outstanding member service. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | Middle Tennessee Electric Membership Corporation distributes electricity to about 231,000 residential and commercial members located in Cannon, Rutherford, Williamson, and Wilson counties (with the exception of Murfreesboro). This service area includes parts of Davidson, DeKalb, Marshall, Maury, Smith, and Trousdale counties as well. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (1) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 220 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 436 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Members And Shr Gross Income | $618,040,564 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $2,542,144 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cindy Layne | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6154941582 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 New Salem Highway | AddressLine1Txt |
| City | Murfreesboro | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37129 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Mike Woods | ||||||||
| Board Chairman | 10.00 | Yes (X) | Yes (X) | $30,419 | $0 | $0 | ||
| David Lee | ||||||||
| Director | 9.00 | Yes (X) | $25,599 | $0 | $0 | |||
| Tom Purkey | ||||||||
| Board Vice Chairman | 6.50 | Yes (X) | Yes (X) | $27,309 | $0 | $0 | ||
| Charles Bowman | ||||||||
| Director | 7.80 | Yes (X) | $23,049 | $0 | $0 | |||
| Steve Seger | ||||||||
| Board Secretary/Treasurer | 9.00 | Yes (X) | Yes (X) | $24,279 | $0 | $0 | ||
| Gloria O'Steen | ||||||||
| Director | 8.00 | Yes (X) | $23,019 | $0 | $0 | |||
| Gordon Bone | ||||||||
| Director | 5.00 | Yes (X) | $24,189 | $0 | $0 | |||
| James E Mills | ||||||||
| Director | 7.00 | Yes (X) | $24,629 | $0 | $0 | |||
| Ann Little | ||||||||
| Director | 8.00 | Yes (X) | $24,159 | $0 | $0 | |||
| Will Jordan | ||||||||
| Director | 7.00 | Yes (X) | $25,209 | $0 | $0 | |||
| Chris Jones | ||||||||
| President/CEO | 60.00 | Yes (X) | $552,351 | $0 | $431,456 | |||
| Cindy Layne | ||||||||
| CFO/VP of Finance | 55.00 | Yes (X) | $226,183 | $0 | $100,534 | |||
| Thomas Suggs | ||||||||
| COO | 50.00 | $265,355 | $0 | $103,242 | Yes (X) | |||
| Brad Gibson | ||||||||
| CCBO | 55.00 | $288,072 | $0 | $88,668 | Yes (X) | |||
| Gray Bateman | ||||||||
| CHRO/ VP of HR & Corp Services | 50.00 | $227,206 | $0 | $159,594 | Yes (X) | |||
| Robert White | ||||||||
| VP of Comm Relations & Mem Services | 40.00 | $189,769 | $0 | $68,870 | Yes (X) | |||
| Keith Thomason | ||||||||
| VP Engineering | 45.00 | $173,882 | $0 | $125,953 | Yes (X) | |||
| Daniel Dement | ||||||||
| VP Operations | 50.00 | $174,788 | $0 | $167,586 | Yes (X) | |||
| Dane Appalsammy | ||||||||
| VP of Information Systems | 40.00 | $172,102 | $0 | $63,320 | Yes (X) | |||
| Kenneth Malone | ||||||||
| Engineering Supp Supervisor | 40.00 | $157,829 | $0 | $35,639 | Yes (X) | |||
| Dan C Bonds | ||||||||
| Lineman/ Serviceman | 67.00 | $168,450 | $0 | $43,904 | Yes (X) | |||
| Robert S Long | ||||||||
| Information Technology Manager | 40.00 | $160,726 | $0 | $88,369 | Yes (X) | |||
| Terry Poteete Jr | ||||||||
| Working Foreman | 61.00 | $158,128 | $0 | $61,388 | Yes (X) | |||
| Ryan J Stevens | ||||||||
| Lineman/ Serviceman | 61.00 | $149,605 | $0 | $48,581 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,316,306 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,587,104 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 129 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Service Electric | |||||
| PO Box 277790 | Atlanta | GA | 303847790 | Electrical Contractor | $9,090,996 |
| Power Resources | |||||
| PO Box 37 | Pelham | AL | 35124 | Substation Construction | $4,830,559 |
| National Information Solutions | |||||
| PO Box 1147 | Mandan | ND | 58554 | Software Consultant | $2,624,981 |
| Trees LLC | |||||
| PO Box 827464 | Philadelphia | PA | 191827464 | Tree Trimming | $1,690,956 |
| ABC Professional Tree Services Inc | |||||
| 201 Flint Ridge Road Suite 201 | Webster | TX | 77598 | Tree Trimming | $1,683,513 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 38 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ELectric Revenues | Desc |
| Business | 221000 | BusinessCd |
| Total Revenue Column | $618,040,564 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $618,040,564 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $618,040,564 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,646,348 | TotalRevenueColumnAmt |
| Exclusion | $1,646,348 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $4,302,376 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $4,302,376 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,302,376 | TotalRevenueColumnAmt |
| Exclusion | $4,302,376 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $643,484 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$643,484 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$643,484 | TotalRevenueColumnAmt |
| Exclusion | -$643,484 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $895,797 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $895,797 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $895,797 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $624,241,601 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $618,936,361 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,305,240 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,899,947 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,830,791 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,315,922 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,943,973 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Cost of Power | $501,391,651 |
| Dist Exp - Maintenance | $22,045,399 |
| Dist Exp - Operations | $20,568,026 |
| Customer Accounts Expen | $15,251,731 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,994,161 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $624,241,601 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,949,441 | BOYAmt |
| EOY | $60,993,021 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,243,493 | BOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,276,654 | BOYAmt |
| EOY | $39,000,328 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,567,534 | BOYAmt |
| EOY | $5,098,654 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,811,552 | BOYAmt |
| EOY | $5,097,119 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,386,203 | BOYAmt |
| EOY | $11,399,901 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $747,479,681 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $268,030,890 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $459,026,241 | BOYAmt |
| EOY | $479,448,791 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,664,157 | BOYAmt |
| EOY | $35,032,449 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,086,526 | BOYAmt |
| EOY | $20,428,783 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $622,011,801 | BOYAmt |
| EOY | $656,499,046 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,977,862 | BOYAmt |
| EOY | $79,463,533 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,917,023 | BOYAmt |
| EOY | $53,131,082 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,287,011 | BOYAmt |
| EOY | $80,104,038 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $196,181,896 | BOYAmt |
| EOY | $212,698,653 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $425,829,905 | BOYAmt |
| EOY | $443,800,393 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $425,829,905 | BOYAmt |
| EOY | $443,800,393 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $622,011,801 | BOYAmt |
| EOY | $656,499,046 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $17,970,488 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
Section527 Political Org Section527PoliticalOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Contributions Rcvd DlvrContributionsRcvdDlvrAmt |
|---|---|---|---|---|---|
| TN Action Committee for Rural Electrification | |||||
| PO Box 100912 | Nashville | TN | 37224 | 620925545 | $413 |
| NRECA Action Committee for Rural Electrification | |||||
| 4301 Wilson Blvd | Arlington | VA | 22203 | 530116145 | $4,832 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part I-A, Line 1 | FormAndLineReferenceDesc |
| Explanation | The Corporation withheld voluntary deductions from employees' compensation and remitted these funds to the National Rural Electrification Cooperative Association Action Committee (a political action committee registered with the federal election commission), as well as the Tennessee Action Committee for Rural Electrification (a state and local political action committee). | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,573,967 | OtherCostOrOtherBasisAmt |
| Book Value | $12,573,967 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $26,847,017 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,857,104 | DepreciationAmt |
| Book Value | $18,989,913 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $708,058,697 | OtherCostOrOtherBasisAmt |
| Depreciation | $260,173,786 | DepreciationAmt |
| Book Value | $447,884,911 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $479,448,791 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Capital Term Certificates | $2,485,037 | C |
| Investment in Other Organizations | $32,547,412 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $35,032,449 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Post Retirement Benefit Liability | $59,097,455 |
| Customer Deposits | $15,543,935 |
| Advances from TVA Cons. Loans | $4,522,321 |
| Sales Tax Collections Payable | $940,327 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $80,104,038 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | Management evaluated the Corporation's tax positions and concluded that the Corporation had taken no uncertain tax positions that require adjustment to the financial statements. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Chris Jones | ||||||||||||||
| President/CEO | $548,072 | $0 | $0 | $0 | $4,279 | $0 | $409,823 | $0 | $21,633 | $0 | $983,807 | $0 | $0 | $0 |
| Cindy Layne | ||||||||||||||
| CFO/VP of Finance | $211,554 | $0 | $10,000 | $0 | $4,629 | $0 | $81,212 | $0 | $19,322 | $0 | $326,717 | $0 | $0 | $0 |
| Thomas Suggs | ||||||||||||||
| COO | $256,204 | $0 | $0 | $0 | $9,151 | $0 | $83,178 | $0 | $20,064 | $0 | $368,597 | $0 | $0 | $0 |
| Brad Gibson | ||||||||||||||
| CCBO | $251,442 | $0 | $33,000 | $0 | $3,630 | $0 | $68,622 | $0 | $20,046 | $0 | $376,740 | $0 | $0 | $0 |
| Gray Bateman | ||||||||||||||
| CHRO/ VP of HR & Corp Services | $214,684 | $0 | $10,000 | $0 | $2,522 | $0 | $140,272 | $0 | $19,322 | $0 | $386,800 | $0 | $0 | $0 |
| Robert White | ||||||||||||||
| VP of Comm Relations & Mem Services | $185,391 | $0 | $0 | $0 | $4,378 | $0 | $49,765 | $0 | $19,105 | $0 | $258,639 | $0 | $0 | $0 |
| Keith Thomason | ||||||||||||||
| VP Engineering | $171,169 | $0 | $0 | $0 | $2,713 | $0 | $107,083 | $0 | $18,870 | $0 | $299,835 | $0 | $0 | $0 |
| Daniel Dement | ||||||||||||||
| VP Operations | $168,052 | $0 | $4,000 | $0 | $2,736 | $0 | $148,832 | $0 | $18,754 | $0 | $342,374 | $0 | $0 | $0 |
| Dane Appalsammy | ||||||||||||||
| VP of Information Systems | $170,539 | $0 | $0 | $0 | $1,563 | $0 | $44,594 | $0 | $18,726 | $0 | $235,422 | $0 | $0 | $0 |
| Kenneth Malone | ||||||||||||||
| Engineering Supp Supervisor | $155,701 | $0 | $0 | $0 | $2,128 | $0 | $16,999 | $0 | $18,640 | $0 | $193,468 | $0 | $0 | $0 |
| Dan C Bonds | ||||||||||||||
| Lineman/ Serviceman | $167,765 | $0 | $0 | $0 | $685 | $0 | $26,395 | $0 | $17,509 | $0 | $212,354 | $0 | $0 | $0 |
| Robert S Long | ||||||||||||||
| Information Technology Manager | $158,707 | $0 | $0 | $0 | $2,019 | $0 | $69,719 | $0 | $18,650 | $0 | $249,095 | $0 | $0 | $0 |
| Terry Poteete Jr | ||||||||||||||
| Working Foreman | $157,275 | $0 | $0 | $0 | $853 | $0 | $43,857 | $0 | $17,531 | $0 | $219,516 | $0 | $0 | $0 |
| Ryan J Stevens | ||||||||||||||
| Lineman/ Serviceman | $148,866 | $0 | $0 | $0 | $739 | $0 | $31,050 | $0 | $17,531 | $0 | $198,186 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 6 | There is only one class of members. All members have the right to elect the members of the Board of Directors (the governing body of MTEMC). |
| Form 990, Part VI, Section A, line 7a | There is only one class of members, and all members may vote to fill vacancies on the Board of Directors. Directors must be members and are elected based on geographical locations as stated in the bylaws. Directors serve three year terms. |
| Form 990, Part VI, Section A, line 7b | The bylaws may be altered, amended, or repealed by the members. |
| Form 990, Part VI, Section A, line 8b | Committees do not keep minutes of their meetings; however, they bring all recommendations to the full board for action. |
| Form 990, Part VI, Section B, line 11b | The Form 990 is reviewed by certain members of management and the finance committee. |
| Form 990, Part VI, Section B, line 12c | MTEMC has several policies that address conflicts of interest. These policies apply to directors and employees, and are renewed on an annual basis. Employees are to report conflicts of interest to their supervisors. When family members of directors or employees seek to do business with MTEMC, sealed bids are required. The Board of Directors is responsible for resolving any disputes concerning conflicts of interest. This policy applies to the disregarded entity. |
| Form 990, Part VI, Section B, line 15a | Compensation of the President is determined by annual review made by the performance and appraisal committee. The committee's recommendation is given to the full board for approval. The evaluation includes salary comparability data. Board approval is documented in the minutes. This policy applies to the disregarded entity. |
| Form 990, Part VI, Section C, line 19 | The Cooperative's bylaws and rules and regulations are made available on our website. Governing documents, conflicts of interest policy(s), and financial statements are available to our members upon request. Summarized financial information is published annually in the Tennessee Magazine. |
| Form 990, Part VI, Section B, Line 13 | This policy is applicable to the disregarded entity. |
| Form 990, Part VI, Section B, Line 14 | This policy is applicable to the disregarded entity. |
| Form 990, Part IX, Line 4 | The instructions to the 2018 Form 990 indicate that organizations exempt under Section 501 (c)(12) should report "patronage dividends paid" to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year ended December 31, 2018. |
| Form 990, Part XI, line 9: | Net margins assigned to members 16,899,947. Change in other comprehensive income 1,070,541. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MTE Holdings LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 New Salem Highway | AddressLine1Txt |
| City | Murfreesboro | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37129 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 831505046 | EIN |
| Primary Activities | Holding company | PrimaryActivitiesTxt |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Total Income | $395,975 | TotalIncomeAmt |
| End Of Year Assets | $27,302,225 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Middle Tennessee Electric Membership Corporation | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Middle Tennessee Electric SharingChange Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 New Salem Highway | AddressLine1Txt |
| City | Murfreesboro | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37129 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 431958410 | EIN |
| Primary Activities | Part VII | PrimaryActivitiesTxt |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Line 10 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United Communications Holdings LLC | ||||||||||||
| 120 Taylor Street | Chapel Hill | TN | 37034 | 452599290 | Telecommunications, Broadband, Ethernet, Wireless and Video Services | TN | MTE Holdings LLC | C | $1,317,711 | $13,508,320 | 0.68590 | Yes (1) |
| MTRE LLC | ||||||||||||
| 555 New Salem Highway | Mufreesboro | TN | 37129 | 810803455 | Solar Electricity | TN | Middle Tennessee Electric Membership Corporation | C | -$141,277 | $276,869 | 1.00000 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Middle Tennessee Electric SharingChange Inc | ||
| R | $203,970 | Value of Cash Transferred |
| Middle Tennessee Electric SharingChange Inc | ||
| B | $250,605 | Value of Cash Donated |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule R, Part II, Column (B) | FormAndLineReferenceDesc |
| Explanation | Accumulation and disbursement of funds for charitable purposes. | ExplanationTxt |