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Employer Identification Number 62-0382231

TENNESSEE VALLEY ELECTRIC COOPERATIVE, INC. is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:TENNESSEE VALLEY ELECTRIC COOPERATIVE, INC.
Employer identification number (EIN):62-0382231
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:221100
401k Pension/Benefits registration TENNESSEE VALLEY ELECTRIC COOPERATIVE, INC. 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementFORM 990, PART III, LINE 4D: TO PROVIDE OUR CONSUMER CUSTOMERS WITH SAFE, RELIABLE ELECTRICITY AT THE LOWEST POSSIBLE PRICE.
Number of Employees93
Year Formed1939

Organization Governance

Legal DomicileTN
Voting Members - Governing Body7
Voting Members - Independent7

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 46,945,568
Program Service Revenue from current yearUSD $ 49,604,934
Investment Income from prior yearUSD $ 159,968
Investment Income from current yearUSD $ 532,280
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 50,137,214
Net assets / fund balances at end of fiscal yearUSD $ 54,892,732
Net assets / fund balances at beginning of fiscal yearUSD $ 52,283,851
Total liabilities at end of fiscal yearUSD $ 17,883,805
Total liabilities at beginning of fiscal yearUSD $ 17,885,449
Total assets at end of fiscal yearUSD $ 72,776,537
Total assets at beginning of fiscal yearUSD $ 70,169,300
Revenues less expenses for current yearUSD $ 2,608,881
Revenues less expenses for previous yearUSD $ 3,258,122
Total expenses for current yearUSD $ 47,528,333
Total expenses for previous yearUSD $ 43,847,414
Other expenses in current yearUSD $ 39,954,547
Other expenses in previous yearUSD $ 36,667,532
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,573,786
Employee salary and benefits paid in previous yearUSD $ 7,179,882
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 50,137,214
Total revenue in previous fiscal yearUSD $ 47,105,536
Contributions and grants from current yearUSD $ 0
2022-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 43,453,330
Program Service Revenue from current yearUSD $ 46,945,568
Investment Income from prior yearUSD $ 146,494
Investment Income from current yearUSD $ 159,968
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 47,105,536
Net assets / fund balances at end of fiscal yearUSD $ 52,283,851
Net assets / fund balances at beginning of fiscal yearUSD $ 49,025,729
Total liabilities at end of fiscal yearUSD $ 17,885,449
Total liabilities at beginning of fiscal yearUSD $ 16,841,766
Total assets at end of fiscal yearUSD $ 70,169,300
Total assets at beginning of fiscal yearUSD $ 65,867,495
Revenues less expenses for current yearUSD $ 3,258,122
Revenues less expenses for previous yearUSD $ 2,992,276
Total expenses for current yearUSD $ 43,847,414
Total expenses for previous yearUSD $ 40,607,548
Other expenses in current yearUSD $ 36,667,532
Other expenses in previous yearUSD $ 33,828,289
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,179,882
Employee salary and benefits paid in previous yearUSD $ 6,779,259
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 47,105,536
Total revenue in previous fiscal yearUSD $ 43,599,824
Contributions and grants from current yearUSD $ 0
2021-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 42,956,504
Program Service Revenue from current yearUSD $ 43,453,330
Investment Income from prior yearUSD $ 166,044
Investment Income from current yearUSD $ 146,494
Other Revenue from prior yearUSD $ 477,276
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 43,599,824
Net assets / fund balances at end of fiscal yearUSD $ 49,025,729
Net assets / fund balances at beginning of fiscal yearUSD $ 46,131,698
Total liabilities at end of fiscal yearUSD $ 16,841,766
Total liabilities at beginning of fiscal yearUSD $ 16,872,354
Total assets at end of fiscal yearUSD $ 65,867,495
Total assets at beginning of fiscal yearUSD $ 63,004,052
Revenues less expenses for current yearUSD $ 2,992,276
Revenues less expenses for previous yearUSD $ 2,992,276
Total expenses for current yearUSD $ 40,607,548
Total expenses for previous yearUSD $ 40,607,548
Other expenses in current yearUSD $ 33,828,289
Other expenses in previous yearUSD $ 33,828,289
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,779,259
Employee salary and benefits paid in previous yearUSD $ 6,779,259
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 43,599,824
Total revenue in previous fiscal yearUSD $ 43,599,824
Contributions and grants from current yearUSD $ 0

Other Company Names associated with EIN

TENNESSEE VALLEY ELECTRIC
TENNESSEE VALLEY ELECTRIC COOP

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 620382231

USA Location Address
590 FLORENCE ROAD
SAVANNAH
TN
38372
Date first seen: 2007-01-01
Date last seen: 2024-07-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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