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Middle Tennessee Electric Sharingchange Inc

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

EIN: 431958410 ✦ Murfreesboro, TN ✦ Designated as a 501(c)(3)

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Overview

What is Middle Tennessee Electric Sharingchange Inc?

Middle Tennessee Electric Sharingchange Inc is a charitable foundation connected to Middle Tennessee Electric Membership Corporation. Their primary mission is to contribute back to the communities within their service area, which encompasses approximately 320,000 farms, homes, and businesses in Middle Tennessee. Sharingchange achieves this by providing grants to various governmental and nonprofit organizations with goals aligned with their own, operating within the Middle Tennessee Electric membership cooperative market area.


Official website here: www.sharingchange.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)

Middle Tennessee Electric Sharingchange Inc has received an 84% rating from Charity Navigator, reflecting a solid performance primarily in accountability and finance. This score indicates a strong commitment to maintaining financial health and transparency, with a notable program expense ratio of 96.59%, which suggests that a significant portion of their funding is directed towards their mission-driven activities.

The organization demonstrates excellent governance practices, exemplified by a board comprised entirely of independent members and a robust audit of financial statements. However, there are areas for improvement, particularly in the realm of policies. The absence of a conflict of interest policy, whistleblower policy, and document retention guidelines are significant gaps that could impact governance.

Despite these limitations, the organization has clear strengths in financial oversight and accountability, indicating that they operate with a high level of integrity. Addressing the noted policy deficiencies may further enhance their operational effectiveness and public trust.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Middle Tennessee Electric Sharingchange Inc?

74% of 262 reviewers on Facebook recommend Middle Tennessee Electric Sharingchange Inc. Here is a summary of their reviews:

Many individuals express appreciation for the respectful and kind treatment they receive from the organization. Reviews highlight the professionalism of the staff, noting that the nonprofit stands out among utility providers for its customer service. Users consistently refer to their experiences as positive, emphasizing the support and care shown by the team.

Overall, there is a sentiment of gratitude and satisfaction among those who have interacted with Middle Tennessee Electric Sharingchange Inc. While the recommendation rate is modest, those who support the nonprofit speak highly of its efforts and the value it brings to the community.


This AI summary has been generated from reviews found on Facebook.

Is Middle Tennessee Electric Sharingchange Inc legitimate?

Middle Tennessee Electric Sharingchange Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Middle Tennessee Electric Sharingchange Inc 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sharingchange.org

What is the mission statement of Middle Tennessee Electric Sharingchange Inc?

Middle Tennessee Electric Sharingchange Inc's charitable foundation, Sharingchange, is committed to giving back to the communities it serves. Servicing approximately 320,000 farms, homes, and businesses in Middle Tennessee, Sharingchange's sole purpose is to contribute to these communities. The organization accomplishes this by providing grants to various governmental and 501(c)(3) organizations within the Middle Tennessee Electric Membership Cooperative market area. These organizations share similar goals with Sharingchange, aiming to make a positive impact in their respective communities.


Official website here: www.sharingchange.org

Who is the CEO of Middle Tennessee Electric Sharingchange Inc?

Doretha Wright is the Board Member of Middle Tennessee Electric Sharingchange Inc.


Official website here: www.sharingchange.org

What is the revenue of Middle Tennessee Electric Sharingchange Inc?

Middle Tennessee Electric Sharingchange Inc's revenue in 2022 was $579,426.


Official website here: www.sharingchange.org

Who are the executives of Middle Tennessee Electric Sharingchange Inc and what are their salaries?


Here are 8 key members and their salaries:


Joan Wherley (Board Member)
  • Compensation: $538
  • Related: $0
  • Other: $0
Carolyn Peebles (Board Member)
  • Compensation: $473
  • Related: $0
  • Other: $0
Doretha Wright (Chairperson)
  • Compensation: $438
  • Related: $0
  • Other: $0
Mike Parks (Board Member)
  • Compensation: $435
  • Related: $0
  • Other: $0
Irene Pitts-Mcdonald (Board Member)
  • Compensation: $422
  • Related: $0
  • Other: $0
Beth Petty (Board Member)
  • Compensation: $397
  • Related: $0
  • Other: $0
Mike Waller (Board Member)
  • Compensation: $339
  • Related: $0
  • Other: $0
William C Brown (Vice-Chairpe)
  • Compensation: $280
  • Related: $0
  • Other: $0


Official website here: www.sharingchange.org

Where can I find the form 990 for Middle Tennessee Electric Sharingchange Inc?

Middle Tennessee Electric Sharingchange Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sharingchange.org

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

Mission Statement of Middle Tennessee Electric Sharingchange Inc

Middle Tennessee Electric Sharingchange Inc, being the charitable foundation of Middle Tennessee Electric Membership Corporation, has a sole purpose of giving back to the communities within its service area. Servicing approximately 320,000 farms, homes, and businesses in Middle Tennessee, this organization is dedicated to supporting various governmental and 501(c)(3) organizations. The mission of Middle Tennessee Electric Sharingchange Inc aligns with the goals of these organizations, aiming to contribute positively to the communities it serves.

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Impact




July, 2024

Middle Tennessee Electric Sharingchange Inc's impact is significant in the communities it serves. Through its philanthropic initiatives, the organization has been able to provide grants to various governmental and 501(c)(3) organizations within the Middle Tennessee Electric Membership Cooperative market area. These grants support causes and projects that align with the organization's goals, ultimately benefiting the communities serviced by Middle Tennessee Electric Membership Corporation, which includes around 320,000 farms, homes, and businesses in Middle Tennessee. By focusing on giving back and supporting local initiatives, Middle Tennessee Electric Sharingchange Inc is making a positive difference in the lives of many individuals and contributing to the overall well-being of the community.




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


Financials

This financial information is from Propublica.

Revenue
$579,426 (2022)
Expenses
$548,459 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $115
  • Gross Receipts: $579,426

Assets and Liabilities:

  • Total Assets: $198,489
  • Total Liabilities: $10,540
  • Net Assets: $187,949

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Organization Details

Founding Year

2002

Principal Officer

Doretha Wright

Main Address

555 NEW SALEM HIGHWAY, MURFREESBORO, TN, 37129

NTEE Category

Code: T30 - Philanthropy

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