Middle Tennessee Electric Membership Corporation

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

EIN: 620293472 ✦ Murfreesboro, TN ✦ Designated as a 501(c)(12)

Overview

What is Middle Tennessee Electric Membership Corporation?

Middle Tennessee Electric Membership Corporation is a nonprofit organization based in Murfreesboro, Tennessee, with a service area in Cannon, Rutherford, Williamson, and Wilson Counties, and parts of Davidson, DeKalb, Marshall, Maury, Smith, and Trousdale Counties. The corporation's primary mission is to provide affordable, reliable, and safe electricity to approximately 329,992 residential and commercial members within this region. With a workforce of 560 employees, Middle Tennessee Electric Membership Corporation prioritizes outstanding member service and ensures the delivery of electricity essential for daily life and business operations.


Official website here: www.mtemc.com

Is Middle Tennessee Electric Membership Corporation legitimate?

Middle Tennessee Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Middle Tennessee 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: $4,326,932
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mtemc.com

What is the mission statement of Middle Tennessee Electric Membership Corporation?

Middle Tennessee Electric Membership Corporation is dedicated to delivering affordable, dependable, and safe electric power to approximately 329,992 residential and commercial members. The corporation's primary mission is to ensure exceptional member service, ensuring the community can rely on a consistent electricity supply. This not-for-profit organization serves a diverse range of members, including those in Cannon, Rutherford, Williamson, and Wilson Counties, in addition to parts of Davidson, DeKalb, Marshall, Maury, Smith, and Trousdale Counties. Their commitment extends beyond electricity provision, as they prioritize outstanding member experiences.


Official website here: www.mtemc.com

Who is the CEO of Middle Tennessee Electric Membership Corporation?

Chris Jones is the President/Ce of Middle Tennessee Electric Membership Corporation.


Official website here: www.mtemc.com

What is the revenue of Middle Tennessee Electric Membership Corporation?

Middle Tennessee Electric Membership Corporation's revenue in 2022 was $956,556,588.


Official website here: www.mtemc.com

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

The average compensation at Middle Tennessee Electric Membership Corporation during 2022 was $7,727. There are 560 employees at Middle Tennessee Electric Membership Corporation.

Here are 26 key members and their salaries:

    Chris Jones (President/Ce)
  • Compensation: $1,028,916
  • Related: $0
  • Other: $195,547

    • Brad Gibson (Ccbo)
  • Compensation: $381,510
  • Related: $0
  • Other: $111,703

    • Thomas Suggs (Coo)
  • Compensation: $304,712
  • Related: $0
  • Other: $104,806

    • Cindy Layne (Cfo)
  • Compensation: $261,308
  • Related: $0
  • Other: $91,746

    • Gray Bateman (Chro/Vp Of H)
  • Compensation: $260,451
  • Related: $0
  • Other: $90,521

    • P D Mynatt (Assistant Ge)
  • Compensation: $249,011
  • Related: $0
  • Other: $74,747

    • Robert White (Vp Of Comm R)
  • Compensation: $238,602
  • Related: $0
  • Other: $83,238

    • Keith Thomason (Vp Engineeri)
  • Compensation: $224,807
  • Related: $0
  • Other: $78,617

    • Daniel Dement (Vp Operation)
  • Compensation: $210,511
  • Related: $0
  • Other: $75,758

    • Dan C Bonds (Lineman/Serv)
  • Compensation: $216,435
  • Related: $0
  • Other: $49,575

    • Robert S Long (Information)
  • Compensation: $192,163
  • Related: $0
  • Other: $73,591

    • Adam Fewell (Lineman/Serv)
  • Compensation: $207,519
  • Related: $0
  • Other: $47,789

    • Larry Taylor (Engineering)
  • Compensation: $186,062
  • Related: $0
  • Other: $66,649

    • Michael Alexander (Lineman/Serv)
  • Compensation: $196,269
  • Related: $0
  • Other: $50,789

    • Steve Seger (Board Vice C) [Trustee/Director]
  • Compensation: $21,670
  • Related: $18,000
  • Other: $0

    • Will Jordan (Director)
  • Compensation: $20,700
  • Related: $18,000
  • Other: $0

    • Mike Woods (Board Chairm) [Trustee/Director]
  • Compensation: $25,910
  • Related: $0
  • Other: $0

    • James E Mills (Board Sec/Tr) [Trustee/Director]
  • Compensation: $22,720
  • Related: $0
  • Other: $0

    • Vanessa James Hickman (Director)
  • Compensation: $22,310
  • Related: $0
  • Other: $0

    • Harold Gordon Bone Jr (Director)
  • Compensation: $22,130
  • Related: $0
  • Other: $0

    • Gloria O'Steen (Director)
  • Compensation: $22,110
  • Related: $0
  • Other: $0

    • Charles Bowman (Director)
  • Compensation: $21,540
  • Related: $0
  • Other: $0

    • David Lee (Director)
  • Compensation: $21,490
  • Related: $0
  • Other: $0

    • Ross Bradley (Director)
  • Compensation: $20,120
  • Related: $0
  • Other: $0

    • Ann Little (Director)
  • Compensation: $20,000
  • Related: $0
  • Other: $0

    • Shervondalonn Brown (Director)
  • Compensation: $19,720
  • Related: $0
  • Other: $0


  • Official website here: www.mtemc.com

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

    The Middle Tennessee Electric Membership Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mtemc.com

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

    Mission Statement of Middle Tennessee Electric Membership Corporation

    Middle Tennessee Electric Membership Corporation, or MTEMC, is dedicated to delivering affordable, dependable, and safe electricity, along with exceptional member service. This mission statement encapsulates MTEMC's commitment to its residential and commercial members scattered across Cannon, Rutherford, Williamson, and Wilson Counties, as well as parts of Davidson, DeKalb, Marshall, Maury, Smith, and Trousdale Counties.

    MTEMC goes beyond just providing electricity to its members. It prioritizes affordability by ensuring electricity remains within reach, allowing communities to thrive and prosper. The corporation's unwavering dedication to reliability minimizes power outages, maintaining minimal disruption to daily life. Safety is another cornerstone of MTEMC's mission, as it strives to protect its members from potential hazards associated with electricity usage.

    Moreover, MTEMC is deeply committed to offering outstanding member service, creating a strong bond between the corporation and its clients. This customer-focused approach ensures that each member is treated with respect and care, their concerns addressed promptly, and their needs met efficiently.

    MTEMC's service area covers a vast region, encompassing diverse communities and economies. By providing affordable, reliable, and safe electricity, Middle Tennessee Electric Membership Corporation plays a crucial role in empowering its members, enabling them to build a better future for themselves and their families.

    Impact

    This information is meant to be a general summary of Middle Tennessee 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

    Middle Tennessee Electric Membership Corporation plays a crucial role in providing affordable, reliable, and safe electricity to a significant number of residential and commercial members in several counties in Tennessee. With a service area that covers a wide geographical region, including parts of Davidson, DeKalb, Marshall, Maury, Smith, and Trousdale counties, Middle Tennessee Electric Membership Corporation serves as a vital link in ensuring that communities have access to essential electricity services. Their commitment to outstanding member service further enhances their impact by fostering strong relationships with their members and contributing to the overall well-being of the communities they serve.





    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 2022.

  • Investment Income: $2,508,910
  • Program Service Revenue: $944,462,188
  • Gross Receipts: $956,556,588

    • Assets and Liabilities:
  • Total Assets: $1,060,592,430
  • Total Liabilities: $483,928,620
  • Net Assets: $576,663,810
  • Programs

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

    ELECTRIC REVENUES

    Revenue

    $936,848,947

    MISCELLANEOUS SERVICE REVENUE

    Revenue

    $3,833,248

    REVENUE FROM LATE PAYMENTS

    Revenue

    $3,549,482

    OTHER ELECTRIC REVENUE

    Revenue

    $230,511

    Organization Details

    Founding Year

    1936

    Principal Officer

    Chris Jones

    Main Address

    555 NEW SALEM HIGHWAY, MURFREESBORO, TN, 37129

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Middle Tennessee 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.