Nonprofit · EIN 62-0301937
MOUNTAIN ELECTRIC COOPERATIVE INC
Tax-exempt · MOUNTAIN CITY, TN 37683
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $74,072,410 | $80,455,868 | -$6,383,458 | $155,709,630 | $84,032,385 | $71,677,245 |
| June 30, 2024 | 990 | $71,599,601 | $70,093,367 | $1,506,234 | $143,099,743 | $60,762,046 | $82,337,697 |
| June 30, 2023 | 990 | $72,876,656 | $69,545,506 | $3,331,150 | $129,775,233 | $47,577,760 | $82,197,473 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $72,224,228
- Investment income
- $136,907
- Net rental income
- $1,694,924
- Other revenue
- $1,711,275
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $80,455,868
Balance sheet and other
- Total assets, start of year
- $143,099,743
- Total assets, end of year
- $155,709,630
- Total liabilities, end of year
- $84,032,385
- Net assets, end of year
- $71,677,245
- Land, buildings and equipment
- $135,923,798
- Gross receipts
- $74,072,410
- Employees
- 103
- Volunteers
- 0
- Year formed
- 1941
- 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 |
|---|---|---|---|
| Rodney Metcalf | General Manager Highest-paid employee | 40 | $266,513 |
| Steven Bishop | Director of Engineering Key employee | 40 | $138,990 |
| Jonathan Kyle Holtsclaw | District Manager Key employee | 40 | $111,575 |
| Bruce Lacey | Trustee Trustee or director | 2.13 | $12,891 |
| W O Hampton | Secretary Treasurer Trustee or director | 4.67 | $12,779 |
| Vickie Davidson | Trustee Trustee or director | 2.29 | $8,651 |
| Ronnie Townson | Trustee Trustee or director | 1.63 | $8,540 |
| David Ellis | President Trustee or director | 1.85 | $8,351 |
| Robert Heck | Trustee Trustee or director | 1.13 | $8,240 |
| David Atwood | Trustee Trustee or director | 1.83 | $7,940 |
| Harry Smith | Trustee Trustee or director | 1.21 | $2,712 |
| Danny Harmon | Trustee Trustee or director | 6 | $1,400 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jonathan Kyle Holtsclaw | District Manager Key employee | 40 | $85,694 |
| Rodney Metcalf | General Manager Highest-paid employee | 40 | $85,357 |
| W O Hampton | Secretary Treasurer Trustee or director | 4.67 | $10,863 |
| Bruce Lacey | Trustee Trustee or director | 2.13 | $10,475 |
| David Ellis | President Trustee or director | 1.85 | $6,801 |
| Vickie Davidson | Trustee Trustee or director | 2.29 | $6,051 |
| Harry Smith | Trustee Trustee or director | 1.21 | $5,946 |
| Ronnie Townson | Trustee Trustee or director | 1.63 | $5,940 |
| David Atwood | Trustee Trustee or director | 1.83 | $5,844 |
| Robert Heck | Trustee Trustee or director | 1.13 | $5,740 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Joseph A Thacker | General Manager Highest-paid employee | 40 | $156,462 | $20,746 |
| Jonathan Kyle Holtsclaw | District Manager Key employee | 40 | $73,322 | $17,562 |
| Christopher J Stoia | General Manager Key employee | 40 | $66,827 | $5,100 |
| W O Hampton | Secretary Treasurer Trustee or director, Officer | 5 | $2,000 | $8,320 |
| Bruce Lacey | Trustee Trustee or director | 1.5 | $1,600 | $8,332 |
| David Ellis | President Trustee or director, Officer | 2.5 | $7,450 | $79 |
| Ronnie Townson | Trustee Trustee or director | 5 | $6,200 | $39 |
| Harry Smith | Trustee Trustee or director | 1.5 | $1,700 | $4,084 |
| Robert Heck | Trustee Trustee or director | 1 | $5,700 | $52 |
| David Atwood | Trustee Trustee or director | 2 | $1,600 | $4,076 |
| Vickie Davidson | Trustee Trustee or director | 2 | $5,443 | $0 |
| John Brookshire | Trustee Trustee or director | 1 | $900 | $13 |
Address and contacts
- Address (IRS master file)
- 604 S CHURCH ST, MOUNTAIN CITY, TN 37683-1844
- Principal officer (990 for 2024)
- Amber Bumgardner, 604 S Church St, PO BOX 180, Mountain City, TN 37683
- Signed the 990
- Amber Bumgardner, Director of Finance
- Phone
- (423) 727-1960
- Website
- www.mountainelectric.com
Mission
Electric Power Distribution: To provide reliable electric power at the lowest possible cost
Program accomplishments
- Electric Power Distribution: To provide reliable electric power at the lowest possible costExpenses $80,455,868 · revenue $74,072,410
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
- 62-0301937
- 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)
- $155,709,630
- Income (IRS master file)
- $74,072,410
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $74,072,410 | $80,455,868 | $155,709,630 | IRS |
| 990 | June 2024 | $71,599,601 | $70,093,367 | $143,099,743 | XML |
| 990 | June 2023 | $72,876,656 | $69,545,506 | $129,775,233 | XML |
| 990 | June 2022 | $66,777,111 | $63,542,940 | $121,686,166 | IRS |
| 990 | June 2021 | – | – | – | 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 62-0301937).
Questions about MOUNTAIN ELECTRIC COOPERATIVE INC
- What is the EIN of MOUNTAIN ELECTRIC COOPERATIVE INC?
- The employer identification number (EIN) of MOUNTAIN ELECTRIC COOPERATIVE INC is 62-0301937.
- Is MOUNTAIN ELECTRIC COOPERATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1942.
- Are donations to MOUNTAIN ELECTRIC COOPERATIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MOUNTAIN 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 MOUNTAIN 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 MOUNTAIN 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 is the principal officer of MOUNTAIN ELECTRIC COOPERATIVE INC?
- The 990 for the year ended June 30, 2025 names Amber Bumgardner.
- Who are the officers and directors of MOUNTAIN ELECTRIC COOPERATIVE INC?
- The 990 for the year ended June 30, 2025 lists 12 people; 12 received compensation from the organization, the highest $266,513 (Rodney Metcalf, General Manager).
- How much revenue does MOUNTAIN ELECTRIC COOPERATIVE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $74,072,410, expenses of $80,455,868 and total assets of $155,709,630 at year end.
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