Cumberland Electric Membership Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 620174870 ✦ Clarksville, TN ✦ Designated as a 501(c)(12)

Overview

What is Cumberland Electric Membership Corporation?

Cumberland Electric Membership Corporation is a nonprofit organization serving as an electric cooperative, providing electric service to over 100,000 residents in the middle Tennessee region. As a cooperative, they aim to improve the quality of life in the community by delivering reliable and efficient electric and telecommunications services.


Official website here: www.cemc.org

Is Cumberland Electric Membership Corporation legitimate?

Cumberland Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Cumberland Electric Membership Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $919,386
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,695,233

For more financial information, click here


Official website here: www.cemc.org

What is the mission statement of Cumberland Electric Membership Corporation?

Cumberland Electric Membership Corporation functions as an electric cooperative, providing electric services to over 100,000 members residing in the middle Tennessee region. The primary focus of the organization is to ensure reliable and efficient electricity delivery, enhancing the quality of life for its members. By fostering a strong sense of community, the cooperative empowers its members to play an active role in decision-making processes, enabling them to collectively shape the future of their power supply. Through innovation and commitment, Cumberland Electric Membership Corporation strives to meet the evolving energy needs of its members, fostering long-term relationships built on trust and reliability.


Official website here: www.cemc.org

Who is the CEO of Cumberland Electric Membership Corporation?

Tommy G Whittaker is the President of Cumberland Electric Membership Corporation.


Official website here: www.cemc.org

What is the revenue of Cumberland Electric Membership Corporation?

Cumberland Electric Membership Corporation's revenue in 2023 was $355,388,039.


Official website here: www.cemc.org

Who are the executives of Cumberland Electric Membership Corporation and what are their salaries?

The average compensation at Cumberland Electric Membership Corporation during 2023 was $91,421. There are 313 employees at Cumberland Electric Membership Corporation.

Here are 18 key members and their salaries:

    Christopher Davis (General Manager)
  • Compensation: $313,005
  • Related: $0
  • Other: $357,693

    • Annebelle Chester (Mgr, Admin Div)
  • Compensation: $191,029
  • Related: $0
  • Other: $172,666

    • William Abernathy (Mgr, Oper Div)
  • Compensation: $197,308
  • Related: $0
  • Other: $139,827

    • Mark Cook (Manager, Broad Div)
  • Compensation: $190,976
  • Related: $0
  • Other: $134,696

    • Michael Blackwell (Mgr. District Ops)
  • Compensation: $163,665
  • Related: $0
  • Other: $125,976

    • Michael Batson (Controller)
  • Compensation: $148,127
  • Related: $0
  • Other: $96,144

    • Brad Taylor (Manager Fin Svc)
  • Compensation: $170,964
  • Related: $0
  • Other: $68,745

    • Jonathan Fielder (Mgr Of Engineering)
  • Compensation: $163,738
  • Related: $0
  • Other: $70,137

    • Shela K Williams (Sec/Treasurer) [Trustee/Director]
  • Compensation: $24,800
  • Related: $0
  • Other: $0

    • Edward Oliver (Director)
  • Compensation: $22,150
  • Related: $0
  • Other: $0

    • Wesley H Aymett (Vice President) [Trustee/Director]
  • Compensation: $22,100
  • Related: $0
  • Other: $0

    • Tommy G Whittaker (President) [Trustee/Director]
  • Compensation: $22,050
  • Related: $0
  • Other: $0

    • Edgar Earl Swan (Director)
  • Compensation: $19,350
  • Related: $0
  • Other: $0

    • Michael A Mason (Director)
  • Compensation: $18,550
  • Related: $0
  • Other: $0

    • Bryan Watson (Director)
  • Compensation: $18,150
  • Related: $0
  • Other: $0

    • Charles D Morgan (Director)
  • Compensation: $17,600
  • Related: $0
  • Other: $0

    • Dr K Jean Beauchamp (Assist Sec/Trea) [Trustee/Director]
  • Compensation: $17,550
  • Related: $0
  • Other: $0

    • Charlie R Hancock (Director)
  • Compensation: $16,800
  • Related: $0
  • Other: $0


  • Official website here: www.cemc.org

    Where can I find the form 990 for Cumberland Electric Membership Corporation?

    The Cumberland Electric Membership Corporation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.cemc.org

    Learn more at the official website: www.cemc.org

    Mission Statement of Cumberland Electric Membership Corporation

    Cumberland Electric Membership Corporation, headquartered in middle Tennessee, is a cooperative that plays a vital role in delivering electric services to over 100,000 members. The organization's mission is geared towards ensuring access to electricity for its community members, fostering a sustainable environment with reliable power that enhances their daily lives.

    As an electric cooperative, Cumberland Electric Membership Corporation sets the stage for a better quality of life for its members. By providing electric services, it empowers homes, businesses, and industries to thrive. The cooperative's commitment to its members goes beyond powering their world; it is about creating opportunities and fostering growth in the community it serves.

    In summary, the Cumberland Electric Membership Corporation is a dedicated and indispensable player in the middle Tennessee area, focusing on delivering essential electric services to its 100,000-plus members, thereby enriching their daily lives and creating a foundation for sustainable growth.

    Impact

    This information is meant to be a general summary of Cumberland Electric Membership Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Cumberland Electric Membership Corporation's impact is significant in providing essential electric services to over 100,000 members in the middle Tennessee area. They play a crucial role in ensuring reliable and affordable electricity for households, businesses, and communities in their service area. Additionally, their efforts contribute to the overall economic development and well-being of the region by powering essential infrastructure and supporting growth and prosperity.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,402,898
  • Program Service Revenue: $347,146,889
  • Gross Receipts: $355,388,039

    • Assets and Liabilities:
  • Total Assets: $582,037,721
  • Total Liabilities: $337,118,120
  • Net Assets: $244,919,601
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ELECT AND TELECOM REVENUE

    Revenue

    $347,146,889

    Organization Details

    Founding Year

    1938

    Principal Officer

    Tommy G Whittaker

    Main Address

    P O BOX 3300, CLARKSVILLE, TN, 37043

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Cumberland Electric Membership Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.