Overview
What is Tennessee Valley Industrial Corporation?
Tennessee Valley Industrial Corporation is a volunteer membership organization based in Nashville, Tennessee. Established with a focus on promoting the shared business interests of its members, the corporation plays a crucial role in fostering a competitive business environment and managing energy costs in the Tennessee Valley area. As a business league, it encourages the efficient and economical use of electric power, collaborating with relevant agencies at both state and federal levels to ensure its members' needs are met. The organization operates on a volunteer basis, emphasizing its commitment to supporting the local business community in the Tennessee Valley region.
Is Tennessee Valley Industrial Corporation legitimate?
Tennessee Valley Industrial Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Tennessee Valley Industrial 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Tennessee Valley Industrial Corporation?
The Tennessee Valley Industrial Corporation operates as a volunteer membership organization, serving as a business league to advance the common interests of its members. One of its primary objectives is to ensure the efficient and economical use of electric power within the Tennessee Valley area. The corporation interacts with TVA and related agencies at both the state and federal levels to establish a competitive business environment and manage energy costs effectively.
Who is the CEO of Tennessee Valley Industrial Corporation?
Lloyd Webb is the Chairman And President of Tennessee Valley Industrial Corporation.
What is the revenue of Tennessee Valley Industrial Corporation?
Tennessee Valley Industrial Corporation's revenue in 2022 was $378,935.
Who are the executives of Tennessee Valley Industrial Corporation and what are their salaries?
There 75 volunteers at Tennessee Valley Industrial Corporation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Tennessee Valley Industrial Corporation?
Tennessee Valley Industrial Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tennessee Valley Industrial Corporation
Tennessee Valley Industrial Corporation, serving as a volunteer membership organization, operates as a business league with the primary objective of promoting the shared business interests of its members. One of its key missions is to ensure an efficient and economical use of electric power within the Tennessee Valley area. In pursuit of this mission, the corporation engages in interactive dialogues with TVA and related agencies at both the state and federal levels, striving to establish a competitive business environment while keeping energy costs in check.
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Impact
October, 2024
Tennessee Valley Industrial Corporation plays a crucial role in fostering a collaborative business environment within the Tennessee Valley area. By acting as a business league, it promotes the interests of its members, focusing on the efficient and economical use of electric power. This organization engages with the Tennessee Valley Authority (TVA) and various state and federal agencies to advocate for competitive business conditions and energy costs.
The impact of the Corporation extends beyond its members, contributing to the overall economic development of the region. It helps ensure that local industries can operate sustainably and competitively, which is vital for attracting new businesses and retaining existing ones. By facilitating communication and collaboration among key stakeholders, the Tennessee Valley Industrial Corporation enhances the community's potential for improvement and prosperity, ultimately benefiting the broader population of the Tennessee Valley.
This information is meant to be a general summary of Tennessee Valley Industrial Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $29
- Program Service Revenue: $378,906
- Gross Receipts: $378,935
Assets and Liabilities:
- Total Assets: $240,267
- Total Liabilities: $0
- Net Assets: $240,267
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS
Revenue
$361,356
MEETING FEES
Revenue
$17,550
Organization Details
Founding Year
1986
Phone
(615) 244-1818Principal Officer
Lloyd Webb
Main Address
700 12TH AVENUE SOUTH SUITE 400, NASHVILLE, TN, 37203
NTEE Category
Code: S41 - Community improvement
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