Overview
What is Tri-County Electric Membership Corporation?
Tri-County Electric Membership Corporation is a nonprofit organization dedicated to providing energy-related services in South Central Kentucky and Northern Middle Tennessee. With a mission to exceed customer expectations and contribute to community leadership, they serve over 55,000 metered locations in the region. Their commitment extends beyond just distributing electricity; they aim to be the preferred partner in a dynamic and competitive market.
Official website here: www.tcemc.org
What are the reviews and ratings of this charity?
Tri-County Electric Membership Corporation is currently not rated on Charity Navigator. The absence of a rating reflects its classification as a non-501(c)(3) organization, making it ineligible for standard evaluations by Charity Navigator's accountability and finance, or impact methodologies. The lack of a rating does not imply either favorable or unfavorable statuses, only that the organization operates outside the evaluative scope applied to IRS-registered 501(c)(3) nonprofits.
Charity Navigator's inability to provide financial data, such as revenue, expenses, and salaries of key personnel, further limits the transparency typically offered by this platform. Without IRS 501(c)(3) status, this organization is not obligated to provide financial or operational details through Form 990, diminishing the insights usually available for nonprofits evaluated by Charity Navigator.
Though it's identified as an independent organization with IRS business master file data, the absence of user reviews or additional community feedback means there is limited public sentiment available for Tri-County Electric Membership Corporation. Therefore, comprehensive evaluations regarding their operations, accountability, cultural influence, or community adaptability remain elusive.
This AI summary has been generated from information found on Charity Navigator.
Is Tri-County Electric Membership Corporation legitimate?
Tri-County Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Tri-County 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,257,515
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,279,878
For more financial information, click here
Official website here: www.tcemc.org
What is the mission statement of Tri-County Electric Membership Corporation?
Tri-County Electric Membership Corporation aims to be the preferred provider of energy-related services by surpassing customer expectations and taking a leadership role in the community. With a customer base of over 55,000 metered locations, they distribute electricity in South Central Kentucky and Northern Middle Tennessee. By maintaining a strong commitment to quality and community involvement, Tri-County Electric Membership Corporation positions itself as a reliable partner amidst the challenges and competition in the energy industry. Their goal is to exceed customer satisfaction while making a positive impact on the community.
Official website here: www.tcemc.org
Who is the CEO of Tri-County Electric Membership Corporation?
Paul Thompson is the Chief Executive Officer of Tri-County Electric Membership Corporation. The CEO's salary of Tri-County Electric Membership Corporation is $279,817 and their total compensation is $374,410.
Official website here: www.tcemc.org
What is the revenue of Tri-County Electric Membership Corporation?
Tri-County Electric Membership Corporation's revenue in 2023 was $150,554,249.
Official website here: www.tcemc.org
Who are the executives of Tri-County Electric Membership Corporation and what are their salaries?
The average compensation at Tri-County Electric Membership Corporation during 2023 was $55,833. There are 135 employees at Tri-County Electric Membership Corporation.
Here are 15 key members and their salaries (Tri-County Electric Membership Corporation's CEO's salary is $279,817 and their total compensation is $374,410):
- Compensation: $279,817
- Related: $0
- Other: $94,593
- Compensation: $153,492
- Related: $0
- Other: $99,432
- Compensation: $141,329
- Related: $0
- Other: $100,122
- Compensation: $163,926
- Related: $0
- Other: $21,913
- Compensation: $11,726
- Related: $0
- Other: $19,824
- Compensation: $11,044
- Related: $0
- Other: $19,824
- Compensation: $10,726
- Related: $0
- Other: $19,824
- Compensation: $10,026
- Related: $0
- Other: $19,824
- Compensation: $14,044
- Related: $0
- Other: $12,946
- Compensation: $11,658
- Related: $0
- Other: $12,946
- Compensation: $10,726
- Related: $0
- Other: $12,946
- Compensation: $9,476
- Related: $0
- Other: $12,946
- Compensation: $9,408
- Related: $0
- Other: $12,594
- Compensation: $7,840
- Related: $0
- Other: $7,581
- Compensation: $4,000
- Related: $0
- Other: $0
Official website here: www.tcemc.org
Where can I find the form 990 for Tri-County Electric Membership Corporation?
Tri-County Electric Membership Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tcemc.org
Learn more at the official website: www.tcemc.org
Mission Statement of Tri-County Electric Membership Corporation
Tri-County Electric Membership Corporation, a leading energy provider, strives to be the go-to choice for customers by surpassing their expectations and contributing to the community. With a mission to distribute electricity to over 55,000 metered locations in South Central Kentucky and Northern Middle Tennessee, the corporation places a strong emphasis on customer satisfaction and community engagement. By partnering with its customers in a rapidly evolving and competitive world, Tri-County Electric Membership Corporation seeks to make a positive impact on the lives of those it serves. As a dedicated energy provider, it continually works to exceed expectations, ensuring a reliable and efficient energy supply for residents and businesses in the region.
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Impact
October, 2024
Tri-County Electric Membership Corporation significantly impacts the communities it serves in South Central Kentucky and Northern Middle Tennessee by providing reliable electricity to over 55,000 metered locations. As a trusted energy partner, it focuses on exceeding customer expectations and offering exceptional service in a rapidly evolving energy landscape.
In addition to delivering essential electrical services, Tri-County Electric actively engages in community leadership, fostering strong local ties and promoting sustainable practices. By prioritizing customer satisfaction and adapting to the changing needs of the region, it supports economic growth and enhances the quality of life for its members. Through its commitment to service excellence, Tri-County Electric plays a crucial role in powering the future of its community.
This information is meant to be a general summary of Tri-County Electric Membership 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 2023.
- Investment Income: $693,918
- Program Service Revenue: $149,860,331
- Gross Receipts: $150,554,249
Assets and Liabilities:
- Total Assets: $220,282,810
- Total Liabilities: $58,048,563
- Net Assets: $162,234,247
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Electric Revenue
Revenue
$144,988,689
Rent from Electric Property
Revenue
$2,040,594
Forfeited Discounts
Revenue
$373,805
Service Charges
Revenue
$633,138
Miscellaneous
Revenue
$61,165
Organization Details
Founding Year
1936
Phone
(800) 369-2111Principal Officer
Paul Thompson
Main Address
405 College Street, Lafayette, TN, 37083
Website
www.tcemc.orgNTEE Category
Code: W80 - Public benefit
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