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Nonprofit · EIN 58-1710536

TENNESSEE VALLEY INDUSTRIAL CORPORATION

Tax-exempt · BRENTWOOD, TN 37027

Financials

$335K$378K2023$484K$418K2024
Revenue Expenses · by fiscal year end
Financials of TENNESSEE VALLEY INDUSTRIAL CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$484,403$417,850$66,553$264,513$0$264,513
December 31, 2023990$335,333$377,640-$42,307$197,960$0$197,960
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$477,815
Investment income
$6,588
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$364,606
Management and general (functional)
$53,244

Balance sheet and other

Total assets, start of year
$197,960
Total assets, end of year
$264,513
Total liabilities, end of year
$0
Net assets, end of year
$264,513
Gross receipts
$484,403
Employees
0
Volunteers
75
Year formed
1986
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PETER MATTHEISCHAIRMAN AND PRESIDENT
Trustee or director, Officer
3$0
RICHARD HOLLANDTREASURER
Trustee or director, Officer
1$0
ROBERT HOSKINSDIRECTOR/CORPORATE SECRETA
Trustee or director, Officer
20$0
BARBARA KILGOREPRICING CHAIR
Trustee or director
3$0
KIRK COVINGTONSTRATEGIC PLANNING CHAIR
Trustee or director
3$0
BRIAN TRIPLETTPUBLIC AFFAIRS CHAIR
Trustee or director
2$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
LLOYD WEBBCHAIRMAN AND PRESIDENT
Trustee or director, Officer
3$0
GEORGE YAWNTREASURER
Trustee or director, Officer
1$0
ROBERT HOSKINSDIRECTOR/CORPORATE SECRETA
Trustee or director, Officer
20$0
BARBARA KILGOREPRICING CHAIR
Trustee or director
3$0
PETER MATTHEISSTRATEGIC PLANNING CHAIR
Trustee or director
3$0
RICHARD HOLLANDPUBLIC AFFAIRS CHAIR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
1678 BRIGHTWAY PL, BRENTWOOD, TN 37027-3337
Principal officer (990 for 2024)
PETE MATTHEIS, 1025 THOMAS JEFFERSON ST NW, WASHINGTON, DC 200075201
Signed the 990
ROBERT HOSKINS, DIRECTOR/CORPORATE SECRETARY
Phone
(615) 973-5866
Return prepared by
FRAZIER & DEETER ADVISORY LLC

Mission

THE CORPORATION IS A VOLUNTEER MEMBERSHIP ORGANIZATION OPERATING AS A BUSINESS LEAGUE TO PROMOTE THE COMMON BUSINESS INTEREST OF ITS MEMBERS, INCLUDING ENSURING EFFICIENT AND ECONOMICAL USE OF ELECTRIC POWER IN THE TENNESSEE VALLEY AREA.

990 for the year ended December 31, 2024

Program accomplishments

  • INTERACTION WITH TVA AND RELATED AGENCIES, STATE AND FEDERAL, TO ENSURE COMPETITIVE BUSINESS ENVIRONMENT AND ENERGY COSTS.
    Expenses $364,606

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
58-1710536
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1987
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$264,513
Income (IRS master file)
$484,403

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$484,403$417,850$264,513XML
990December 2023$335,333$377,640$197,960XML
990December 2022$378,935$343,521$240,267IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1710536).

Questions about TENNESSEE VALLEY INDUSTRIAL CORPORATION

What is the EIN of TENNESSEE VALLEY INDUSTRIAL CORPORATION?
The employer identification number (EIN) of TENNESSEE VALLEY INDUSTRIAL CORPORATION is 58-1710536.
Is TENNESSEE VALLEY INDUSTRIAL CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1987.
Are donations to TENNESSEE VALLEY INDUSTRIAL CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TENNESSEE VALLEY INDUSTRIAL CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TENNESSEE VALLEY INDUSTRIAL CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TENNESSEE VALLEY INDUSTRIAL CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TENNESSEE VALLEY INDUSTRIAL CORPORATION?
The 990 for the year ended December 31, 2024 names PETE MATTHEIS.
Who are the officers and directors of TENNESSEE VALLEY INDUSTRIAL CORPORATION?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does TENNESSEE VALLEY INDUSTRIAL CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $484,403, expenses of $417,850 and total assets of $264,513 at year end.

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