Overview
What is Tennessee Valley Public Power Assoc Inc?
Tennessee Valley Public Power Assoc Inc is a nonprofit organization situated in Chattanooga, Tennessee. Its primary objective is to represent the interests of its member utilities in their dealings with the Tennessee Valley Authority (TVA), focusing on contract terms, rates, conservation programs, and other related matters. The association aims to assist its members in providing electric energy and power to consumers at the most affordable rates possible. To achieve this, TVPPA provides professional expertise and support through both its staff and the volunteer efforts of municipal and cooperative electric system managers. Additionally, the organization promotes efficiency and professional development among its members' employees. With approximately 22 employees, TVPPA works diligently to advocate for and support its member utilities.
Official website here: www.tvppa.com
Is Tennessee Valley Public Power Assoc Inc legitimate?
Tennessee Valley Public Power Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Tennessee Valley Public Power Assoc 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: $1,483,451
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,213,938
For more financial information, click here
Official website here: www.tvppa.com
What is the mission statement of Tennessee Valley Public Power Assoc Inc?
Tennessee Valley Public Power Assoc Inc's mission is centered around representing the shared interests of its members and promoting efficiency and professional development for their employees. The primary purpose of the association is to advocate on behalf of its members with TVA, addressing contract terms, rates, conservation programs, and other matters. This aim is to support the objectives of municipal and cooperative electric utility members in selling energy and power to consumers at the most affordable rates. Furthermore, the association fosters professional growth for its members' employees through consultation, advice, and expert assistance.
Official website here: www.tvppa.com
Who is the CEO of Tennessee Valley Public Power Assoc Inc?
Douglas J Peters is the CEO of Tennessee Valley Public Power Assoc Inc The CEO's salary of Tennessee Valley Public Power Assoc Inc is $355,836 and their total compensation is $468,824.
Official website here: www.tvppa.com
What is the revenue of Tennessee Valley Public Power Assoc Inc?
Tennessee Valley Public Power Assoc Inc's revenue in 2023 was $10,607,865.
Official website here: www.tvppa.com
Who are the executives of Tennessee Valley Public Power Assoc Inc and what are their salaries?
The average compensation at Tennessee Valley Public Power Assoc Inc during 2023 was $128,447. There are 21 employees at Tennessee Valley Public Power Assoc Inc.
Here are 34 key members and their salaries (Tennessee Valley Public Power Assoc Inc's CEO's salary is $355,836 and their total compensation is $468,824):
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- Compensation: $355,836
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- Other: $112,988
- Compensation: $229,749
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- Other: $93,099
- Compensation: $173,822
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- Compensation: $164,619
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- Compensation: $103,849
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- Other: $58,521
- Compensation: $136,187
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- Other: $66,842
Official website here: www.tvppa.com
Where can I find the form 990 for Tennessee Valley Public Power Assoc Inc?
Tennessee Valley Public Power Assoc Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tvppa.com
Learn more at the official website: www.tvppa.com
Mission Statement of Tennessee Valley Public Power Assoc Inc
Tennessee Valley Public Power Assoc Inc's mission is centered around representing the common interests of its members and promoting efficiency and professional development for their employees. The organization's primary goal is to act as a mediator between its members and TVA, providing expert professional assistance in various aspects such as contract terms, rates, conservation programs, and other matters. By doing so, the association aids and facilitates its municipal and cooperative electric utility members in achieving their objective of selling electric energy and power to consumers at the lowest feasible rate. In essence, Tennessee Valley Public Power Assoc Inc serves as a powerful advocate for its members, ensuring their interests are upheld and their operations run smoothly, ultimately benefiting the ratepayers.
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Impact
October, 2024
Tennessee Valley Public Power Association Inc. plays a vital role in enhancing the operations and efficiencies of municipal and cooperative electric systems. By representing member interests, the organization provides essential consultation and expert professional assistance, particularly in negotiations and relationships with the Tennessee Valley Authority (TVA).
This advocacy includes advising on contracts, rates, and conservation programs, which directly impacts the ability of its members to deliver electricity at the lowest possible cost to consumers. The association also fosters professional development among its members' employees, ensuring that they are equipped with the skills and knowledge necessary for effective service delivery.
Through these efforts, Tennessee Valley Public Power Association Inc. not only promotes efficiency among its members but also contributes significantly to the broader goal of providing reliable and affordable power to communities, ultimately benefiting the consumer ratepayer and supporting regional sustainability objectives.
This information is meant to be a general summary of Tennessee Valley Public Power Assoc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $201,529
- Program Service Revenue: $8,567,134
- Gross Receipts: $10,913,642
Assets and Liabilities:
- Total Assets: $35,095,876
- Total Liabilities: $1,314,520
- Net Assets: $33,781,356
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION AND TRAINING PROGRAMS
Revenue
$5,799,980
CONFERENCES
Revenue
$1,224,571
SAFETY CONSULTING
Revenue
$836,774
MANAGEMENT FEES
Revenue
$667,283
ADVERTISING AND DIRECTORY SALES
Revenue
$21,128
Organization Details
Founding Year
1950
Principal Officer
Douglas J Peters
Website
www.tvppa.comNTEE Category
Code: W80 - Public benefit
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