Nonprofit · EIN 62-0387653
TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION
Tax-exempt · LAFAYETTE, TN 37083
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $159,546,330 | $152,979,833 | $6,566,497 | $244,008,531 | $67,499,784 | $176,508,747 |
| June 30, 2024 | 990 | $147,312,290 | $140,117,211 | $7,195,079 | $227,583,980 | $56,903,699 | $170,680,281 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $159,310,899
- Investment income
- $235,431
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,818,791
- Other salaries and wages
- $6,631,977
- Salaries, compensation and benefits (total)
- $11,877,833
- Professional fundraising fees
- $0
- Legal fees
- $47,934
- Accounting fees
- $19,308
- Travel
- $1,155,439
- Depreciation
- $11,159,041
Balance sheet and other
- Total assets, start of year
- $227,583,980
- Total assets, end of year
- $244,008,531
- Total liabilities, end of year
- $67,499,784
- Net assets, end of year
- $176,508,747
- Land, buildings and equipment
- $204,404,412
- Gross receipts
- $159,546,330
- Employees
- 138
- Volunteers
- 0
- Year formed
- 1936
- 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 |
|---|---|---|---|---|
| Paul Thompson | Chief Executive Officer Former | 50 | $285,877 | $15,512 |
| Glenn Hale | Chief Executive Officer Trustee or director, Key employee, Highest-paid employee | 50 | $171,995 | $70,153 |
| Tammy Dixon | Director of H.R. & External Relations Key employee | 40 | $159,707 | $80,401 |
| Jimmy Beecham | Director of Engineering and Operations Key employee | 50 | $170,943 | $0 |
| Kyle Sircy | Chief Financial Officer Key employee | 40 | $100,041 | $58,543 |
| Mike Miller | Director Trustee or director | 3 | $16,023 | $23,937 |
| Andy Goad | Director Trustee or director | 3 | $13,840 | $23,937 |
| Jeffery Downing | Director Trustee or director | 3 | $11,407 | $23,937 |
| T P Thompson Jr | Director Trustee or director | 3 | $10,907 | $23,937 |
| Mark Linkous | Director Trustee or director | 3 | $18,820 | $15,058 |
| Kelby Graves | Director Trustee or director | 3 | $14,635 | $15,058 |
| Travis Carter | Director Trustee or director | 3 | $12,755 | $15,058 |
| Ron Alan Powell | Director Trustee or director | 3 | $11,384 | $14,706 |
| Ronald Bailey | Director Trustee or director | 3 | $10,907 | $15,058 |
| Corey Cash | Director Trustee or director | 3 | $7,175 | $13,758 |
1 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Bret Carver | Director Trustee or director, Former | 3 | $3,395 | $7,979 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Paul Thompson | Chief Executive Officer Trustee or director, Key employee, Highest-paid employee | 50 | $304,163 | $68,853 |
| Tammy Dixon | Director of H.R. & External Relations Key employee | 40 | $165,036 | $60,867 |
| Glenn Hale | Chief Executive Officer Key employee | 50 | $145,525 | $63,249 |
| Jimmy Beecham | Director of Engineering and Operations Key employee | 50 | $179,952 | $0 |
| Mike Miller | Director Trustee or director | 3 | $12,921 | $21,720 |
| Bret Carver | Director Trustee or director | 3 | $11,360 | $21,720 |
| Jeffery Downing | Director Trustee or director | 3 | $10,503 | $21,720 |
| T P Thompson Jr | Director Trustee or director | 3 | $10,253 | $21,720 |
| Kelby Graves | Director Trustee or director | 3 | $14,921 | $14,032 |
| Mark Linkous | Director Trustee or director | 3 | $13,110 | $14,032 |
| Andy Goad | Director Trustee or director | 3 | $12,531 | $14,032 |
| Travis Carter | Director Trustee or director | 3 | $11,106 | $14,032 |
| Ron Alan Powell | Director Trustee or director | 3 | $10,895 | $13,680 |
| Ronald Bailey | Director Trustee or director | 3 | $10,253 | $14,032 |
Address and contacts
- Address (IRS master file)
- 405 COLLEGE ST, LAFAYETTE, TN 37083-1729
- In care of
- % RUSSELL CHERRY
- Principal officer (990 for 2024)
- Glenn Hale, 405 College Street, Lafayette, TN 37083
- Signed the 990
- Mike Miller, Director
- Phone
- (800) 369-2111
- Website
- www.tcemc.org
Mission
Distribution of electricity to over 56,000 metered locations in South Central Kentucky and Northern Middle Tennessee.
Program accomplishments
- Revenue exceeded expenses by $7,241,951.Expenses $153,415,595 · revenue $160,657,546
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
- 62-0387653
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1943
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $278,696,066
- Income (IRS master file)
- $167,989,030
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $159,546,330 | $152,979,833 | $244,008,531 | IRS |
| 990 | June 2024 | $147,312,290 | $140,117,211 | $227,583,980 | IRS |
| 990 | June 2023 | $150,554,249 | $143,411,932 | $220,282,810 | 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 62-0387653).
Questions about TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION
- What is the EIN of TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION?
- The employer identification number (EIN) of TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION is 62-0387653.
- Is TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1943.
- Are donations to TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TRI-COUNTY ELECTRIC MEMBERSHIP 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 TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION 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 TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION 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 TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION?
- The 990 for the year ended June 30, 2025 names Glenn Hale.
- Who are the officers and directors of TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION?
- The 990 for the year ended June 30, 2025 lists 16 people; 16 received compensation from the organization, the highest $285,877 (Paul Thompson, Chief Executive Officer).
- How much revenue does TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $159,546,330, expenses of $152,979,833 and total assets of $244,008,531 at year end.
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