Meriwether Lewis Electric Cooperative

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

EIN: 620292655 ✦ Centerville, TN ✦ Designated as a 501(c)(12)

Overview

What is Meriwether Lewis Electric Cooperative?

Meriwether Lewis Electric Cooperative is a Centerville, TN-based nonprofit organization catering to the needs of 34,823 rural residents in Hickman, Houston, Humphreys, Lewis, and Perry counties. Their mission encompasses the provision of essential electricity services and broadband internet and communication solutions. As of June 30, 2020, their fiber optic network has connected nearly 3,300 customers to these advanced services.


Official website here: www.mlec.com

Is Meriwether Lewis Electric Cooperative legitimate?

Meriwether Lewis Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Meriwether Lewis Electric Cooperative 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: $1,972,041
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mlec.com

What is the mission statement of Meriwether Lewis Electric Cooperative?

Meriwether Lewis Electric Cooperative is a non-profit organization dedicated to delivering rural electricity distribution and advanced broadband internet and communication services to approximately 35,000 members spread across multiple Tennessee counties. The Cooperative's commitment extends beyond powering homes and businesses, as it also focuses on connecting its community members to the digital world through its state-of-the-art fiber optic network, which has served over 3,000 customers up to the mid-year of 2020. By providing essential electricity and digital services, the Cooperative enhances its members' quality of life and enables them to thrive in today's interconnected world.


Official website here: www.mlec.com

Who is the CEO of Meriwether Lewis Electric Cooperative?

Keith Carnahan is the Director of Meriwether Lewis Electric Cooperative.


Official website here: www.mlec.com

What is the revenue of Meriwether Lewis Electric Cooperative?

Meriwether Lewis Electric Cooperative's revenue in 2023 was $132,689,305.


Official website here: www.mlec.com

Who are the executives of Meriwether Lewis Electric Cooperative and what are their salaries?

The average compensation at Meriwether Lewis Electric Cooperative during 2023 was $15,776. There are 125 employees at Meriwether Lewis Electric Cooperative.

Here are 26 key members and their salaries:

    Keith Carnahan (President An)
  • Compensation: $290,402
  • Related: $0
  • Other: $84,687

    • Miranda Mccaleb (Vp-Employee/)
  • Compensation: $162,715
  • Related: $0
  • Other: $130,628

    • Ken Little (Vp-Emerg. Te)
  • Compensation: $162,127
  • Related: $0
  • Other: $113,270

    • Shane Mccrory (Vp-Info Tech)
  • Compensation: $164,580
  • Related: $0
  • Other: $107,456

    • William Blackwell (Employee)
  • Compensation: $136,386
  • Related: $0
  • Other: $96,090

    • Edward W Greenwell (Vp-Oper. & E)
  • Compensation: $146,153
  • Related: $0
  • Other: $63,550

    • Jason Graves (Employee)
  • Compensation: $129,622
  • Related: $0
  • Other: $77,280

    • Barry Wilson (Employee)
  • Compensation: $129,408
  • Related: $0
  • Other: $65,565

    • Joseph M Bradley (Employee)
  • Compensation: $127,593
  • Related: $0
  • Other: $55,446

    • Blake Harper (Vp - Admin S)
  • Compensation: $145,262
  • Related: $0
  • Other: $29,389

    • Derle Hill (Employee)
  • Compensation: $144,812
  • Related: $0
  • Other: $28,285

    • Melissa Sanderson (Corporate Se)
  • Compensation: $71,382
  • Related: $0
  • Other: $83,302

    • Bill Webb (Director)
  • Compensation: $29,359
  • Related: $0
  • Other: $449

    • Tommy Graham (Vice Chair) [Trustee/Director]
  • Compensation: $24,213
  • Related: $0
  • Other: $5,516

    • Jeffrey D Peery Dds (Director)
  • Compensation: $29,722
  • Related: $0
  • Other: $0

    • David Wayne Qualls (Director)
  • Compensation: $29,444
  • Related: $0
  • Other: $0

    • Andrew Porch (Director)
  • Compensation: $24,322
  • Related: $0
  • Other: $4,837

    • Johnnie Ruth Elrod (Director)
  • Compensation: $28,672
  • Related: $0
  • Other: $0

    • David Daniel (Board Chair) [Trustee/Director]
  • Compensation: $28,531
  • Related: $0
  • Other: $0

    • Zachary Hutchens (Director)
  • Compensation: $24,322
  • Related: $0
  • Other: $3,937

    • Larry D Mayberry (Director)
  • Compensation: $26,948
  • Related: $0
  • Other: $1,231

    • Raymond H Fussell (Director)
  • Compensation: $24,247
  • Related: $0
  • Other: $3,595

    • Jessie Wallace (Director)
  • Compensation: $27,472
  • Related: $0
  • Other: $0

    • Cass Rye (Director)
  • Compensation: $26,403
  • Related: $0
  • Other: $0

    • John L Williams (General Coun)
  • Compensation: $24,186
  • Related: $0
  • Other: $0

    • Ronald Averett (Director)
  • Compensation: $5,154
  • Related: $0
  • Other: $0


  • Official website here: www.mlec.com

    Where can I find the form 990 for Meriwether Lewis Electric Cooperative?

    The Meriwether Lewis Electric Cooperative’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.mlec.com

    Learn more at the official website: www.mlec.com

    Mission Statement of Meriwether Lewis Electric Cooperative

    Meriwether Lewis Electric Cooperative, a Tennessee-based organization, is dedicated to bringing rural electricity distribution and advanced broadband internet and communication services to over 34,000 members spread across Hickman, Houston, Humphreys, Lewis, and Perry counties. By providing these essential utilities, the Cooperative enhances the quality of life for families and businesses in these communities, fostering economic growth and social connection.

    The heart of Meriwether Lewis Electric Cooperative's mission lies in its commitment to serve the rural areas that are often overlooked by larger utility providers. In doing so, the Cooperative has extended a vital lifeline to its members, ensuring they have access to the modern conveniences that many take for granted. Furthermore, the Cooperative's investment in a fiber optic network has connected over 3,200 households as of June 2020, bringing them into the digital age and enabling them to take advantage of the numerous opportunities offered by high-speed internet.

    Meriwether Lewis Electric Cooperative's expansion into broadband internet and communication services underscores its dedication to improving the lives of its members. By providing reliable and affordable internet access, the Cooperative empowers individuals to pursue educational opportunities, connect with loved ones, and participate in the digital economy. Moreover, the Cooperative's commitment to rural areas ensures that even the most remote communities are not left behind in the rapidly evolving digital landscape. In this way, Meriwether Lewis Electric Cooperative continues to be an indispensable resource for its members, fostering progress and prosperity in the rural regions it serves.

    Impact

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




    Thursday, August 15, 2024

    Meriwether Lewis Electric Cooperative plays a crucial role in enhancing the quality of life for residents in rural areas of Hickman, Houston, Humphreys, Lewis, and Perry counties in Tennessee. By providing essential services such as rural electricity distribution and broadband internet and communication services, the Cooperative has positively impacted the lives of its 34,823 members. Through its fiber optic network, which has connected 3,294 customers as of 6/30/2020, Meriwether Lewis Electric Cooperative has facilitated access to vital resources and connectivity that are essential in today's digital age. Its commitment to public benefit is evident in its ongoing efforts to bridge the digital divide and create a more inclusive society for all residents in its service area.





    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: $233,025
  • Program Service Revenue: $131,913,117
  • Gross Receipts: $132,689,305

    • Assets and Liabilities:
  • Total Assets: $191,483,163
  • Total Liabilities: $116,520,806
  • Net Assets: $74,962,357
  • Programs

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

    ELECTRIC REVENUE

    Revenue

    $120,010,725

    SERVICE REVENUE - ML CONNECT

    Revenue

    $9,651,394

    POLE RENTALS

    Revenue

    $2,166,388

    FIBER LEASE

    Revenue

    $84,610

    Organization Details

    Founding Year

    1939

    Principal Officer

    Keith Carnahan

    Main Address

    P O BOX 240, CENTERVILLE, TN, 37033

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Meriwether Lewis Electric Cooperative 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.