Nonprofit · EIN 62-0148804
CANEY FORK ELECTRIC COOPERATIVE INC
Tax-exempt · MCMINNVILLE, TN 37111
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $84,991,952 | $80,237,730 | $4,754,222 | $174,812,650 | $77,100,918 | $97,711,732 |
| June 30, 2024 | 990 | $77,375,635 | $72,594,780 | $4,780,855 | $157,172,585 | $64,314,430 | $92,858,155 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $84,560,754
- Investment income
- $421,083
- Other revenue
- $10,115
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,169,886
- Salaries, compensation and benefits (total)
- $1,169,886
- Professional fundraising fees
- $0
- Depreciation
- $5,565,592
- Program services (functional)
- $80,237,730
Balance sheet and other
- Total assets, start of year
- $157,172,585
- Total assets, end of year
- $174,812,650
- Total liabilities, end of year
- $77,100,918
- Net assets, end of year
- $97,711,732
- Land, buildings and equipment
- $151,215,150
- Gross receipts
- $84,991,952
- Employees
- 87
- Year formed
- 1940
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JASON CLOYD | GENERAL MANAGER | 55 | $161,601 | $53,759 |
| JAMES MILRANEY | DIR. ENGINEERING | 45 | $157,277 | $36,246 |
| KIM HENRY | CONTROLLER | 50 | $144,668 | $45,560 |
| BRANDON JOHNSON | WORKING FOREMAN | 45 | $139,542 | $41,241 |
| DANNY SUTTON | OPERATIONS DIRECTOR | 50 | $135,150 | $40,251 |
| IRENO ROSE | LINEMAN | 45 | $131,402 | $39,107 |
| JEFERRY MOFFITT | LINEMAN | 45 | $126,343 | $41,241 |
| JAMES WATSON | LINEMAN | 45 | $123,703 | $41,241 |
| Robert Robinson | Director Trustee or director | 4.94 | $7,700 | $6,716 |
| Mack Harney | Director Trustee or director | 2.07 | $5,700 | $8,399 |
| Jeremy Johnson | Director Trustee or director | 3.26 | $6,700 | $6,716 |
| William R Floyd | resident Trustee or director, Officer | 3.61 | $6,350 | $6,263 |
| Michael Bouldin | Vice President Trustee or director, Officer | 1.62 | $4,100 | $8,399 |
| Glen H Page | Director Trustee or director | 2.13 | $4,000 | $8,399 |
| Albert R Dicus | Director Trustee or director | 2.44 | $4,750 | $3,684 |
3 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| J Steve Roller | Director Trustee or director | 1.71 | $4,000 | $3,684 |
| Glenn Mitchell | Secretary/Treas Trustee or director, Officer | 2.04 | $4,800 | $0 |
| James H Hillis | Director Trustee or director | 0.19 | $2,100 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BEN NEWMAN | PRIOR GENERAL MGR | 45 | $174,768 | $36,835 |
| JAMES MILRANEY | DIR. ENGINEERING | 46.57 | $150,158 | $36,869 |
| KIM HENRY | CONTROLLER | 45 | $132,051 | $40,597 |
| DANNY SUTTON | OPERATIONS DIRECTOR | 50 | $126,870 | $39,359 |
| JAMES WATSON | LINEMAN | 45 | $119,728 | $41,649 |
| JASON CLOYD | GENERAL MANAGER | 45 | $113,446 | $44,564 |
| JEFERRY MOFFITT | LINEMAN | 45 | $114,983 | $41,430 |
| BRANDON JOHNSON | WORKING FOREMAN | 47.85 | $114,669 | $41,649 |
| HAROLD MEASLES | LINEMAN | 45 | $113,542 | $41,480 |
| Mack Harney | President Trustee or director, Officer | 3.65 | $6,675 | $13,486 |
| Michael Bouldin | Director Trustee or director | 2.02 | $5,100 | $8,743 |
| William R Floyd | Vice President Trustee or director | 3.82 | $5,700 | $6,263 |
| Glen H Page | Secretary/Treas Trustee or director, Officer | 2.61 | $5,550 | $6,263 |
| Albert R Dicus | Director Trustee or director, Officer | 2.76 | $5,250 | $3,684 |
| J Steve Roller | Director Trustee or director | 2.13 | $4,950 | $3,684 |
| James H Hillis | Director Trustee or director | 1.72 | $4,350 | $0 |
| Donna Fare | Director Trustee or director | 0.96 | $4,050 | $0 |
| JOHNNY R CRAIN | Director Trustee or director | 0.73 | $3,400 | $0 |
| Glenn Mitchell | Director Trustee or director | 3.18 | $3,200 | $0 |
| Jeremy Johnson | Director Trustee or director | 3.55 | $1,800 | $1,287 |
| Robert Robinson | Director Trustee or director | 4.25 | $1,500 | $644 |
Address and contacts
- Address (IRS master file)
- PO BOX 272, MCMINNVILLE, TN 37111-0272
- Signed the 990
- William R Floyd, President
- Phone
- (931) 473-3116
- Return prepared by
- Totherow Haile & Welch CPAs PLLC
Mission
To provide electric service in rural areas to the members of the Cooperative.
Program accomplishments
- To provide electric service in rural areas to the members of the Cooperative.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 62-0148804
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1942
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $174,812,650
- Income (IRS master file)
- $84,991,952
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $84,991,952 | $80,237,730 | $174,812,650 | XML |
| 990 | June 2024 | $77,375,635 | $72,594,780 | $157,172,585 | XML |
| 990 | June 2023 | $77,606,579 | $73,021,422 | $146,308,723 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 62-0148804).
Questions about CANEY FORK ELECTRIC COOPERATIVE INC
- What is the EIN of CANEY FORK ELECTRIC COOPERATIVE INC?
- The employer identification number (EIN) of CANEY FORK ELECTRIC COOPERATIVE INC is 62-0148804.
- Is CANEY FORK ELECTRIC COOPERATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1942.
- Are donations to CANEY FORK ELECTRIC COOPERATIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CANEY FORK ELECTRIC COOPERATIVE INC 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 CANEY FORK ELECTRIC COOPERATIVE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CANEY FORK ELECTRIC COOPERATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of CANEY FORK ELECTRIC COOPERATIVE INC?
- The 990 for the year ended June 30, 2025 lists 18 people; 18 received compensation from the organization, the highest $161,601 (JASON CLOYD, GENERAL MANAGER).
- How much revenue does CANEY FORK ELECTRIC COOPERATIVE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $84,991,952, expenses of $80,237,730 and total assets of $174,812,650 at year end.
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