SOUTHWEST TENNESSEE ELECTRIC MEMBERSHIP CORP: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SOUTHWEST TENNESSEE ELECTRIC MEMBERSHIP CORP (EIN 62-0366645)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-14
- IRS object ID
- 202621349349304407
- Schema version
- 2024v5.5
- 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 | 2026-05-14T10:33:06-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 934967814 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ATA Advisory LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 227 Oil Well Road | AddressLine1Txt |
| City | Jackson | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38305 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620366645 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Southwest Tennessee Electric Membership | BusinessNameLine1Txt |
| Business Name Line2 | Corporation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOUT | BusinessNameControlTxt |
| Phone | 7317721322 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 959 | AddressLine1Txt |
| City | Brownsville | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38012 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | B Scott Sims | PersonNm |
| Person Title | Vice President of Finance | PersonTitleTxt |
| Phone | 7317721322 | PhoneNum |
| Signature | 2026-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Stephen Eldridge | PreparerPersonNm |
| PTIN | P00371259 | PTIN |
| Phone | 7314278571 | PhoneNum |
| Preparation | 2026-05-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Clint Malone | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 959 | AddressLine1Txt |
| City | Brownsville | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 380120959 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $150,770,636 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | stemc.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1936 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | Provide electricity and broadband internet access to our cooperative members in rural areas of southwest Tennessee. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 153 | 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 | $131,323,067 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $144,119,967 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,539,457 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,623,897 | CYInvestmentIncomeAmt |
| PY Other Revenue | $532 | PYOtherRevenueAmt |
| CY Other Revenue | $2,106 | CYOtherRevenueAmt |
| PY Total Revenue | $136,863,056 | PYTotalRevenueAmt |
| CY Total Revenue | $150,745,970 | 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 | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $18,784,855 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $18,816,719 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $104,920,473 | PYOtherExpensesAmt |
| CY Other Expenses | $116,195,695 | CYOtherExpensesAmt |
| PY Total Expenses | $123,705,328 | PYTotalExpensesAmt |
| CY Total Expenses | $135,012,414 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $13,157,728 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $15,733,556 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $259,957,824 | TotalAssetsBOYAmt |
| Total Assets EOY | $266,778,207 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $122,384,651 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $113,471,478 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $137,573,173 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $153,306,729 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Provide electricity and broadband internet access to our cooperative members in rural areas of southwest Tennessee. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $135,012,414 | ExpenseAmt |
| Revenue | $144,119,967 | RevenueAmt |
| Desc | Provides electricity for approximately 52,543 cooperative member-customers, and broadband internet access for approximately 18,966 cooperative members across parts of eleven counties in southwest Tennessee. | Desc |
| Total Program Service Expenses | $135,012,414 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | 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 |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | 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 With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 65 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 153 | 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 |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Members And Shr Gross Income | $145,400,427 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $3,558,648 | 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 | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| 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 | 0 | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Scott Sims | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7317721322 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1009 E Main St | AddressLine1Txt |
| City | Brownsville | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38012 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 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 |
|---|---|---|---|---|---|---|---|---|
| Robert Kendrick | ||||||||
| Chairman | 10.00 | Yes (X) | Yes (X) | $21,888 | $0 | $0 | ||
| Allan Ferguson | ||||||||
| Director | 8.00 | Yes (X) | $12,839 | $0 | $0 | |||
| Audrey Blue | ||||||||
| Secretary/Treasurer | 10.00 | Yes (X) | Yes (X) | $8,116 | $0 | $0 | ||
| David McDaniel | ||||||||
| Vice-Chairman | 8.00 | Yes (X) | Yes (X) | $21,455 | $0 | $0 | ||
| Marilyn Means | ||||||||
| Director | 8.00 | Yes (X) | $7,825 | $0 | $0 | |||
| David Kinney | ||||||||
| Director | 8.00 | Yes (X) | $8,392 | $0 | $0 | |||
| Jackie Butler | ||||||||
| Director | 8.00 | Yes (X) | $13,252 | $0 | $0 | |||
| Tim Hanks | ||||||||
| Director | 8.00 | Yes (X) | $22,055 | $0 | $0 | |||
| Bradley Franks | ||||||||
| Director | 8.00 | Yes (X) | $27,534 | $0 | $0 | |||
| Terri Robinson | ||||||||
| Director | 13.00 | Yes (X) | $30,226 | $0 | $0 | |||
| J Kevin Murphy | ||||||||
| President | 50.00 | Yes (X) | $350,105 | $0 | $188,757 | |||
| B Scott Sims | ||||||||
| VP Finance, Mbr Srvc | 50.00 | Yes (X) | $189,769 | $0 | $32,686 | |||
| Michael Russell | ||||||||
| VP Operations | 50.00 | $192,991 | $0 | $16,682 | Yes (X) | |||
| Clint Malone | ||||||||
| VP Engineering | 50.00 | $175,872 | $0 | $39,225 | Yes (X) | |||
| Donald Young | ||||||||
| Journeyman Lineman | 56.00 | $155,071 | $0 | $37,826 | Yes (X) | |||
| Dalton Stephenson | ||||||||
| Journeyman Lineman | 50.00 | $130,931 | $0 | $35,695 | Yes (X) | |||
| Christopher Fisher | ||||||||
| Lead Lineman | 47.00 | $132,473 | $0 | $72,850 | Yes (X) | |||
| Thomas Carlton | ||||||||
| Lead Lineman | 51.00 | $146,217 | $0 | $38,414 | Yes (X) | |||
| Drew Yancey | ||||||||
| Journeyman Lineman | 51.00 | $132,389 | $0 | $35,785 | Yes (X) | |||
| Robert Hamblin | ||||||||
| Line Foreman | 44.00 | $128,956 | $0 | $56,317 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,908,356 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $554,237 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 50 | 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 |
|---|---|---|---|---|---|
| Byrd Tree Service | |||||
| 5485 Hwy 79 N | Brownsville | TN | 38012 | ROW Maintenance | $3,175,401 |
| McKenzie Tree Service Inc | |||||
| PO Box 425 | Parsons | TN | 38363 | ROW Maintenance | $2,266,165 |
| Service Electric Company | |||||
| PO Box 277790 | Atlanta | GA | 30384 | Construction | $2,094,401 |
| Entersource | |||||
| PO Box 13247 | Green Bay | WI | 54307 | Construction | $1,808,494 |
| Garnet Electric Co Inc | |||||
| 1615 E State St | Sheffield | AL | 35660 | Construction | $1,619,375 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 13 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Electric revenue | 221000 | $128,802,300 | $128,802,300 |
| Rent from electric properties | 221000 | $12,214,418 | $12,214,418 |
| Other electric revenue | 221000 | $1,346,741 | $1,346,741 |
| Miscellaneous service revenue | 221000 | $1,143,613 | $1,143,613 |
| Forfeited discounts | 221000 | $612,895 | $612,895 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $144,119,967 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,585,977 | TotalRevenueColumnAmt |
| Exclusion | $6,585,977 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $58,420 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $20,500 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $37,920 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $37,920 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $37,920 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $6,272 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $4,166 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,106 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,106 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $150,745,970 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $144,159,993 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,585,977 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,289,841 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,543,648 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,435,585 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,546,309 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,001,336 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,850 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,412 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,969 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $372,102 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,183,909 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,680,912 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $327,099 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,870 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $450,761 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,461,524 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,318,098 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,298,901 | TotalAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Cost of Power | $88,972,826 |
| Electric System Operati | $6,967,462 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,012,414 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,328,036 | BOYAmt |
| EOY | $8,281,981 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,132 | BOYAmt |
| EOY | $18,200 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,984,574 | BOYAmt |
| EOY | $7,281,020 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,521,966 | BOYAmt |
| EOY | $10,537,649 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,921,498 | BOYAmt |
| EOY | $2,855,344 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,714 | BOYAmt |
| EOY | $473,184 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $349,700,268 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $135,775,717 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $212,212,310 | BOYAmt |
| EOY | $213,924,551 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,619,864 | BOYAmt |
| EOY | $2,653,117 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,151,730 | BOYAmt |
| EOY | $20,753,161 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $259,957,824 | BOYAmt |
| EOY | $266,778,207 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,695,377 | BOYAmt |
| EOY | $30,154,578 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,663,505 | BOYAmt |
| EOY | $82,334,369 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,025,769 | BOYAmt |
| EOY | $982,531 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $122,384,651 | BOYAmt |
| EOY | $113,471,478 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
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 | $137,573,173 | BOYAmt |
| EOY | $153,306,729 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,573,173 | BOYAmt |
| EOY | $153,306,729 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $259,957,824 | BOYAmt |
| EOY | $266,778,207 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $15,733,556 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | 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 | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,259,495 | OtherCostOrOtherBasisAmt |
| Book Value | $1,259,495 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,985,533 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,820,382 | DepreciationAmt |
| Book Value | $4,165,151 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $112,483,392 | OtherCostOrOtherBasisAmt |
| Depreciation | $42,796,801 | DepreciationAmt |
| Book Value | $69,686,591 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $228,971,848 | OtherCostOrOtherBasisAmt |
| Depreciation | $90,158,534 | DepreciationAmt |
| Book Value | $138,813,314 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $213,924,551 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Aeneas Communications, LLC | $20,706,000 | C |
| Southwest Members Care, Inc. | $47,161 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $20,753,161 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Memberships | $229,535 |
| TVA sponsored conservation loans | $710,430 |
| Advances for construction-refundable | $42,566 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $982,531 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 (10 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| J Kevin Murphy | ||||||||||||||
| President | $321,007 | $0 | $19,100 | $0 | $9,998 | $0 | $172,405 | $0 | $16,352 | $0 | $538,862 | $0 | $0 | $0 |
| B Scott Sims | ||||||||||||||
| VP Finance, Mbr Srvc | $174,894 | $0 | $3,500 | $0 | $11,375 | $0 | $16,334 | $0 | $16,352 | $0 | $222,455 | $0 | $0 | $0 |
| Clint Malone | ||||||||||||||
| VP Engineering | $166,850 | $0 | $2,600 | $0 | $6,422 | $0 | $15,602 | $0 | $23,623 | $0 | $215,097 | $0 | $0 | $0 |
| Michael Russell | ||||||||||||||
| VP Operations | $181,595 | $0 | $2,600 | $0 | $8,796 | $0 | $16,343 | $0 | $339 | $0 | $209,673 | $0 | $0 | $0 |
| Christopher Fisher | ||||||||||||||
| Lead Lineman | $131,025 | $0 | $600 | $0 | $848 | $0 | $64,513 | $0 | $8,337 | $0 | $205,323 | $0 | $0 | $0 |
| Donald Young | ||||||||||||||
| Journeyman Lineman | $154,512 | $0 | $400 | $0 | $159 | $0 | $14,203 | $0 | $23,623 | $0 | $192,897 | $0 | $0 | $0 |
| Robert Hamblin | ||||||||||||||
| Line Foreman | $125,890 | $0 | $350 | $0 | $2,716 | $0 | $32,694 | $0 | $23,623 | $0 | $185,273 | $0 | $0 | $0 |
| Thomas Carlton | ||||||||||||||
| Lead Lineman | $145,187 | $0 | $833 | $0 | $197 | $0 | $14,791 | $0 | $23,623 | $0 | $184,631 | $0 | $0 | $0 |
| Drew Yancey | ||||||||||||||
| Journeyman Lineman | $131,831 | $0 | $400 | $0 | $158 | $0 | $12,162 | $0 | $23,623 | $0 | $168,174 | $0 | $0 | $0 |
| Dalton Stephenson | ||||||||||||||
| Journeyman Lineman | $129,992 | $0 | $833 | $0 | $106 | $0 | $12,072 | $0 | $23,623 | $0 | $166,626 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 3 | Part I, Question 3: Annual external wage surveys are obtained from various external sources and related comparability data is compiled by the cooperative's Human Resources Department. This information is used by the Board of Director's Executive Committee to determine the recommended compensation for the President. The full Board of Directors approves the President's compensation, and a written contract is executed. |
| Part I, Line 4 | Part II, Additional Information: Amounts in Column B, Part iii, Other Reportable Compensation, includes taxable benefits such as taxable life insurance benefits and taxable transportation fringe benefits. Regarding Column C, Retirement and other deferred compensation, these amounts include 401k retirement plan contributions as well as the increase in actuarial value of their defined benefit pension plan as determined by plan actuaries. Amounts in Column D, Nontaxable Benefits include non-taxable benefits such as company paid medical and dental insurance premiums. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 6 | The corporation is wholly member-owned by the individuals whom the electrical cooperative provides service to. Upon establishing electric service, each individual also joins the cooperative as a member. |
| Form 990, Part VI, Section A, line 7a | All cooperative members have one vote each to elect the Board of Directors. Elections are held annually. Board members serve five-year terms. The terms are staggered so that two of the ten board members are up for election each year. |
| Form 990, Part VI, Section B, line 11b | Form 990 is completed and filed by the cooperative's independent external accounting firm. Information to complete the return is compiled by the cooperative's internal accounting staff, and supplied to the external accounting firm. A draft Form 990 return is sent to cooperative management and the Board of Directors for their review. The Form 990 is discussed and approved by the Board of Directors at their monthly board meeting, prior to filing. |
| Form 990, Part VI, Section B, line 15 | Annual external wage surveys are obtained, and related comparability data is compiled by the company's Human Resource Department. This information is used by the Board of Directors to determine the President's compensation. The information is also used by the President to determine the company's wage and salary plan that is adopted by the Board. |
| Form 990, Part VI, Section C, line 19 | The governing documents (bylaws), conflict of interest policy, and financial statements are made available to the public through the company website, The Tennessee Magazine, and/or upon request. Additionally, the governing documents or bylaws are provided to each new member when they join the cooperative. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Southwest Members Care Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 959 | AddressLine1Txt |
| City | Brownsville | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38012 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841961254 | EIN |
| Primary Activities | Charity | PrimaryActivitiesTxt |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Line 8 | PublicCharityStatusTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Aeneas Communications LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 N Cumberland St Suite 200 | AddressLine1Txt |
| City | Jackson | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 621779156 | EIN |
| Primary Activities | Telecom | PrimaryActivitiesTxt |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $14,240,328 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $26,609,863 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | 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 | Yes (1) | 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 |
|---|---|---|
| Aeneas Communications LLC | ||
| G | $2,524,820 | Cost of Purchase |
| Southwest Members Care Inc | ||
| R | $206,192 | Transfer Round Up Funds |