Overview
What is Southwest Tennessee Electric Membership Corporation?
Southwest Tennessee Electric Membership Corporation is a nonprofit organization based in Brownsville, Tennessee. They are dedicated to providing electricity to approximately 50,350 customers across parts of eleven counties in Southwest Tennessee. Their mission is to ensure reliable and affordable electric service to rural communities in the region. The corporation employs a team of 151 individuals to carry out this essential task.
Official website here: www.stemc.com
Is Southwest Tennessee Electric Membership Corporation legitimate?
Southwest Tennessee Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southwest 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: $732,272
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,473,356
For more financial information, click here
What is the mission statement of Southwest Tennessee Electric Membership Corporation?
Southwest Tennessee Electric Membership Corporation is dedicated to delivering electricity to rural areas in Tennessee at a reasonable cost. The organization serves approximately 50,350 customers across eleven counties, ensuring they have access to essential electric services. By providing electricity at affordable rates, the corporation enhances the quality of life for residents in these communities. The corporation's commitment extends beyond just electricity, as they work to maintain a reliable and efficient power grid, keeping the power on for their customers when they need it most. Overall, Southwest Tennessee Electric Membership Corporation is a vital resource for the rural areas of Tennessee, providing the energy necessary for progress and development.
Official website here: www.stemc.com
Who is the CEO of Southwest Tennessee Electric Membership Corporation?
J Kevin Murphy is the President of Southwest Tennessee Electric Membership Corporation.
Official website here: www.stemc.com
What is the revenue of Southwest Tennessee Electric Membership Corporation?
Southwest Tennessee Electric Membership Corporation's revenue in 2022 was $121,626,016.
Official website here: www.stemc.com
Who are the executives of Southwest Tennessee Electric Membership Corporation and what are their salaries?
The average compensation at Southwest Tennessee Electric Membership Corporation during 2022 was $74,209. There are 151 employees at Southwest Tennessee Electric Membership Corporation.
Here are 20 key members and their salaries:
- J Kevin Murphy (President)
- George R Mathis (Director Of)
- William T Smith (Line Foreman)
- William Gordon (Vp Tech Serv)
- B Scott Sims (Vp Finance,)
- Michael Russell (Vp Operation)
- Thomas Carlton (Lead Lineman)
- Clint Malone (Vp Engineeri)
- Dalton Stephenson (Journeyman L)
- Joshua Owen (Journeyman L)
- Terri Robinson (Director)
- David Mcdaniel (Vice-Chairma) [Trustee/Director]
- Tim Hanks (Director)
- Robert Kendrick (Chairman) [Trustee/Director]
- Allen King (Director)
- Audrey Blue (Secretary/Tr) [Trustee/Director]
- Allan Ferguson (Director)
- Jackie Butler (Director)
- Marilyn Means (Director)
- David Kinney (Director)
Official website here: www.stemc.com
Where can I find the form 990 for Southwest Tennessee Electric Membership Corporation?
The Southwest Tennessee Electric Membership Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.stemc.com
Learn more at the official website: www.stemc.com
Mission Statement of Southwest Tennessee Electric Membership Corporation
Southwest Tennessee Electric Membership Corporation, commonly known as Southwest Tennessee EMC, is a dedicated organization that strives to provide electricity to rural communities in Tennessee with affordability in mind. The corporation's primary goal is to ensure that residents in parts of eleven counties in the state have access to reliable and reasonably priced electric power.
The mission of Southwest Tennessee EMC is twofold: first, to extend the gift of electricity to the rural areas of Southwest Tennessee, and second, to ensure that the cost remains within reach for the community. This not-for-profit entity understands the significance of electricity as a basic necessity for modern living and is committed to making it accessible to all.
Southwest Tennessee EMC serves approximately 50,350 customers, providing them with the essentials necessary for powering their homes and businesses. The corporation's reach spans across diverse communities, ensuring that no one is left without access to electricity due to their rural location. Through its unwavering commitment and service, Southwest Tennessee EMC continues to make a difference in the lives of its customers, bringing them one step closer to a more comfortable and connected lifestyle.
Impact
This information is meant to be a general summary of Southwest 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
Southwest Tennessee Electric Membership Corporation's impact is significant as it provides electricity to approximately 50,350 customers in parts of eleven counties in Southwest Tennessee. By doing so, it ensures that rural areas in the region have access to affordable and reliable electricity services. This allows residents and businesses in these areas to power their homes, run their businesses, and enjoy modern amenities that electricity enables. Southwest Tennessee Electric Membership Corporation plays a crucial role in supporting the infrastructure and development of these rural communities, contributing to their overall quality of life and economic vitality.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$113,031,341
RENT FROM ELECTRIC PROPERTIES
Revenue
$4,631,471
MISCELLANEOUS SERVICE REVENUE
Revenue
$1,356,699
FORFEITED DISCOUNTS
Revenue
$559,619
OTHER ELECTRIC REVENUE
Revenue
$62,560
Organization Details
Founding Year
1936
Phone
(731) 772-1322
Principal Officer
J Kevin Murphy
Main Address
PO BOX 959, BROWNSVILLE, TN, 380120959
Website
www.stemc.com
NTEE Category
Code: W80 - Public benefit
If you are a representative of Southwest 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.