Tennessee Electric Cooperative Association

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

EIN: 620461397 ✦ Nashville, TN ✦ Designated as a 501(c)(6)

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Overview

What is Tennessee Electric Cooperative Association?

The Tennessee Electric Cooperative Association is a nonprofit organization situated in Nashville, Tennessee. Their primary mission is to serve and support the interests of rural electric cooperatives within the state. They achieve this by publishing and distributing their monthly magazine, "The Tennessee," which caters to over 1 million Tennessee families and businesses. The magazine focuses on various topics such as electrical usage and safety, economic development, education, and community interests. With an approximate circulation of 693,936, Tennessee Electric Cooperative Association plays a significant role in communicating and advocating for the tax-paying, business-managed, locally owned electric distribution and service systems in Tennessee. The organization currently employs 13 individuals.


Official website here: www.tnelectric.org

Is Tennessee Electric Cooperative Association legitimate?

Tennessee Electric Cooperative Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Tennessee Electric Cooperative Association 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: $1,330,999
Professional Fundraising Fees: $0
Other Salaries and Wages: $308,704

For more financial information, click here


Official website here: www.tnelectric.org

What is the mission statement of Tennessee Electric Cooperative Association?

The Tennessee Electric Cooperative Association's mission is centered around serving and supporting the interests of rural electric cooperatives within its jurisdiction. They achieve this by providing valuable information, services, and assistance. Their primary publication, "The Tennessee Magazine," is disseminated monthly to communicate about electrical use and safety, economic development, education, and community interests. This publication serves over 1 million Tennessee families and businesses, who collectively own, operate, and manage the tax-paying, business-managed, locally owned electric distribution and service systems of the Tennessee Electric Cooperative Association.


Official website here: www.tnelectric.org

Who is the CEO of Tennessee Electric Cooperative Association?

Mike Knotts is the President of Tennessee Electric Cooperative Association.


Official website here: www.tnelectric.org

What is the revenue of Tennessee Electric Cooperative Association?

Tennessee Electric Cooperative Association's revenue in 2023 was $8,442,176.


Official website here: www.tnelectric.org

Who are the executives of Tennessee Electric Cooperative Association and what are their salaries?

The average compensation at Tennessee Electric Cooperative Association during 2023 was $126,131. There are 13 employees at Tennessee Electric Cooperative Association.


Here are 23 key members and their salaries:


Keith Carnahan (President)
  • Compensation: $150
  • Related: $0
  • Other: $0
Dave Cross (President)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Keith Carnahan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Dicus (Secretary/Treasurer)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
John Roberts (Trustee)
  • Compensation: $2,400
  • Related: $0
  • Other: $0
Greg Williams (Trustee)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Richard Lacher (Trustee)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Houston Rogers (Trustee)
  • Compensation: $900
  • Related: $0
  • Other: $0
Jennifer Brogdon (Trustee)
  • Compensation: $600
  • Related: $0
  • Other: $0
Paul Thompson (Trustee)
  • Compensation: $750
  • Related: $0
  • Other: $0
Judy Robertson (Trustee)
  • Compensation: $675
  • Related: $0
  • Other: $0
Russel Dixon (Trustee)
  • Compensation: $75
  • Related: $0
  • Other: $0
Dan Rodamaker (Vice President)
  • Compensation: $150
  • Related: $0
  • Other: $0
Josh Compton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Jones (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Kendrick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Sandlin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Knotts (Executive Vp And Gm(Start Apr 1))
  • Compensation: $184,623
  • Related: $0
  • Other: $58,573
David Callis (Executive Vp And Gm(Until Apr 1))
  • Compensation: $296,016
  • Related: $0
  • Other: $76,219
Amy Jordan (Controller)
  • Compensation: $133,674
  • Related: $0
  • Other: $36,806
Robin Conover (Vp Of Communications/Edito)
  • Compensation: $121,303
  • Related: $0
  • Other: $34,056
James T Blocker (Vice President Of Member R)
  • Compensation: $119,968
  • Related: $0
  • Other: $43,677
Trent Scott (Vice President Of Corporat)
  • Compensation: $125,308
  • Related: $0
  • Other: $43,934


Official website here: www.tnelectric.org

Where can I find the form 990 for Tennessee Electric Cooperative Association?

Tennessee Electric Cooperative Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.tnelectric.org

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

Mission Statement of Tennessee Electric Cooperative Association

The Tennessee Electric Cooperative Association, abbreviated as TECA, is committed to serving and supporting the interests of rural electric cooperatives within Tennessee. Their mission is multifaceted, encompassing the provision of essential information, services, and advocacy. By doing so, TECA aims to bolster the operations and well-being of the 23 member electric cooperatives in the state.

Their primary tool for achieving this mission is "The Tennessee Magazine," the official publication of TECA. This monthly publication is distributed to more than one million families and businesses in Tennessee, communicating vital information on electrical use, safety, economic development, education, and community interests. Through this platform, TECA fosters a sense of unity and shared purpose among the member cooperatives, ensuring they remain informed and empowered to serve their communities effectively.

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Impact




October, 2024

The Tennessee Electric Cooperative Association (TECA) plays a vital role in supporting rural electric cooperatives across the state. By providing essential information, services, and support, TECA ensures that these cooperatives can effectively serve their communities.

One of the key elements of this impact is the Tennessee Magazine, which serves as the official publication for TECA and its 23 member cooperatives. This monthly magazine reaches over 1 million Tennessee families and businesses, effectively communicating important topics such as electrical use and safety, economic development, and community interests. With an approximate circulation of 693,936, the magazine informs and educates a significant portion of the state’s population about energy-related issues and promotes community engagement.

TECA's mission extends beyond mere communication; it fosters a sense of ownership and control among the residents of Tennessee, as the cooperatives are tax-paying, business-managed, and locally owned. By advocating for these interests, TECA enhances the overall quality of life in rural areas, ensuring access to reliable and affordable electricity while contributing to the economic and social fabric of the state.




This information is meant to be a general summary of Tennessee Electric Cooperative Association. 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
$8,442,176 (2023)
Expenses
$8,879,592 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$1,330
  • Program Service Revenue: $8,076,581
  • Gross Receipts: $8,535,459

Assets and Liabilities:

  • Total Assets: $3,754,514
  • Total Liabilities: $1,848,508
  • Net Assets: $1,906,006

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Programs

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

MAGAZINE

Revenue

$3,949,946

MEMBERSHIP DUES

Revenue

$2,344,047

CONFERENCES/WORKSHOPS

Revenue

$759,543

MAGAZINE ADVERTISING

Revenue

$535,714

YOUTH TOUR

Revenue

$487,331

Organization Details

Founding Year

1942

Principal Officer

Mike Knotts

Main Address

PO BOX 100912, NASHVILLE, TN, 37224

NTEE Category

Code: W80 - Public benefit

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