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Nonprofit · EIN 62-0468356

TENNESSEE VALLEY PUBLIC POWER ASSOCATION INC

Tax-exempt · CHATTANOOGA, TN 37401

Financials

$10.6M$9.9M2023$10.7M$10.7M2024
Revenue Expenses · by fiscal year end
Financials of TENNESSEE VALLEY PUBLIC POWER ASSOCATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$10,716,511$10,725,994-$9,483$37,481,812$3,114,951$34,366,861
December 31, 2023990$10,607,865$9,943,815$664,050$37,075,495$1,801,456$35,274,039
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,790,056
Membership dues
$1,790,056
Program service revenue
$8,395,391
Investment income
$258,497
Net rental income
$7,301
Net gain from sales of assets
$39,259
Other revenue
$272,567

Expenses

Grants and similar amounts paid
$7,081
Compensation of officers, directors and key employees
$1,474,627
Other salaries and wages
$1,281,894
Salaries, compensation and benefits (total)
$3,873,767
Professional fundraising fees
$0
Legal fees
$222,277
Accounting fees
$23,848
Occupancy
$168,250
Travel
$255,199
Depreciation
$189,336

Balance sheet and other

Total assets, start of year
$37,075,495
Total assets, end of year
$37,481,812
Total liabilities, end of year
$3,114,951
Net assets, end of year
$34,366,861
Land, buildings and equipment
$4,086,191
Publicly traded securities
$4,741,975
Net assets without donor restrictions
$34,366,861
Gross unrelated business income
$1,777,947
Gross receipts
$12,578,118
Employees
21
Volunteers
0
Year formed
1950
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 / weekCompensationOther / benefits
DOUGLAS J PETERSPRESIDENT/CEO
Officer
50$378,916$30,087
DANETTE G SCUDDEREXECUTIVE VICE-PRESIDENT
Officer
40$245,772$34,453
NATHALIE H STRICKLANDVICE-PRESIDENT
Officer
40$172,601$32,946
JAMES L SHEFFIELDVICE-PRESIDENT
Officer
40$181,829$23,456
BAVARIA A HAMMOCKDIR. ACCOUNTING & FINANCE
Officer
40$172,947$26,610
CALEB HALLDIR. EDUCATION & TRAINING
Highest-paid employee
40$144,631$32,313
BRADLEY L RAINSVICE-PRESIDENT
Officer
40$170,362$4,648
BERNADETTE MARTINDIR. HUMAN RESOURCES
Highest-paid employee
40$147,427$14,602
DIANA BRYANTDIR. CONFERENCES & EVENTS
Highest-paid employee
40$108,377$31,820
JARROD BRACKETTCHAIRMAN
Trustee or director, Officer
5$0$0
RAY HARDINVICE-CHAIRMAN
Trustee or director, Officer
2$0$0
ROB NEELYSECRETARY/TREASURER
Trustee or director, Officer
3$0$0
WES KELLEY END 524DIRECTOR/PAST CHAIR/EXEC COMM
Trustee or director, Officer
4$0$0
CHRIS DAVISEXEC COMM/DIRECTOR
Trustee or director
2$0$0
JEFF HURD END 524EXEC COMM/DIRECTOR
Trustee or director
2$0$0
16 more people on this return
NameTitleHours / weekCompensation
STACEY WHITEEXEC COMM/DIRECTOR
Trustee or director
2$0
ALAN GATESDIRECTOR
Trustee or director
1$0
ALEX SMITHDIRECTOR
Trustee or director
1$0
BILL BORDERSDIRECTOR
Trustee or director
1$0
BRIAN SKELTON END 524DIRECTOR
Trustee or director
1$0
GABE BOLASDIRECTOR
Trustee or director
1$0
JAMES SANDLINDIRECTOR
Trustee or director
1$0
JODY WIGINGTONDIRECTOR
Trustee or director
1$0
KEITH CARNAHANDIRECTOR
Trustee or director
1$0
KENDALL BEARDIRECTOR
Trustee or director
1$0
LOYD MUNCYDIRECTOR
Trustee or director
1$0
MARK KIMBELLDIRECTOR
Trustee or director
1$0
SHANNON LITTLETONDIRECTOR
Trustee or director
1$0
TERESA BROYLES - APLINDIRECTOR
Trustee or director
1$0
TIM CULPEPPERDIRECTOR
Trustee or director
1$0
TIM SMITHDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 34 people
NameTitleHours / weekCompensationOther / benefits
DOUGLAS J PETERSPRESIDENT/CEO
Officer
50$355,836$112,988
DANETTE G SCUDDEREXECUTIVE VICE-PRESIDENT
Officer
40$229,749$93,099
JAMES L SHEFFIELDVICE-PRESIDENT
Officer
40$173,822$71,305
NATHALIE H STRICKLANDVICE-PRESIDENT
Officer
40$164,619$75,143
BAVARIA A HAMMOCKDIRECTOR, ACCOUNTING AND F
Highest-paid employee
40$165,492$69,181
BRADLEY L RAINSVICE-PRESIDENT
Officer
40$162,961$43,930
CALEB HALLDIRECTOR,EDUCATION & TRAINING
Highest-paid employee
40$136,187$66,842
BERNADETTE MARTINDIRECTOR-HUMAN RESOURCES
Highest-paid employee
40$141,250$50,853
DIANA BRYANTDIRECTOR, CONFERENCES & EVENTS
Highest-paid employee
40$103,849$58,521
WES KELLEYDIRECTOR
Trustee or director, Officer
4$0$0
KEITH CARNAHAN START 523VICE-CHAIRMAN
Trustee or director, Officer
2$0$0
KENNY BAIRD END 523SECRETARY/TREASURER
Trustee or director, Officer
3$0$0
JEFF NEWMAN END 523DIRECTOR
Trustee or director
1$0$0
LARRY KERNEA END 523DIRECTOR
Trustee or director
1$0$0
BRIAN SKELTONDIRECTOR
Trustee or director
1$0$0
DAVID WADE END 523DIRECTOR
Trustee or director
2$0$0
JEFF HURDDIRECTOR
Trustee or director
2$0$0
GEORGE KITCHENS END 223DIRECTOR
Trustee or director
1$0$0
DAVID CROSS START 723 END 923SECRETARY/TREASURER
Trustee or director, Officer
2$0$0
JAMES SANDLINDIRECTOR
Trustee or director
1$0$0
ROB NEELY START 923SECRETARY/TREASURER
Trustee or director, Officer
3$0$0
ALEX SMITHDIRECTOR
Trustee or director
1$0$0
ALAN GATESDIRECTOR
Trustee or director
1$0$0
CHRIS DAVISDIRECTOR
Trustee or director
2$0$0
JARROD BRACKETT START 72023CHAIRMAN
Trustee or director, Officer
5$0$0
RAY HARDIN START 72023VICE-CHAIRMAN
Trustee or director, Officer
2$0$0
TIM SMITHDIRECTOR
Trustee or director
1$0$0
SHANNON LITTLETONDIRECTOR
Trustee or director
1$0$0
GABE BOLAS STARTED 523DIRECTOR
Trustee or director
1$0$0
JODY WIGINGTON STARTED 523DIRECTOR
Trustee or director
1$0$0
KENDALL BEAR STARTED 523DIRECTOR
Trustee or director
1$0$0
LOYD MUNCEY STARTED 523DIRECTOR
Trustee or director
1$0$0
STACEY WHITE STARTED 523DIRECTOR
Trustee or director
1$0$0
TIM CULPEPER STARTED 923DIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 6189, CHATTANOOGA, TN 37401-6189
Principal officer (990 for 2024)
DOUGLAS J PETERS, P O BOX 6189, CHATTANOOGA, TN 374016189
Signed the 990
DOUGLAS J PETERS, PRESIDENT/ CHIEF EXECUTIVE OFFICER
Phone
(423) 756-6511
Website
TVPPA.COM
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

THE PURPOSE OF THE ASSOCIATION IS TO REPRESENT THE COMMON INTERESTS OF ITS MEMBERS TO TVA, TO PROMOTE THE COMMON INTERESTS AND EFFICIENCIES OF ITS MEMBERS AND TO PROMOTE THE PROFESSIONAL DEVELOPOMENT OF ITS MEMBERS' EMPLOYEES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE PRINCIPAL, OR PRIMARY PROGRAM SERVICE IS TO PROVIDE, THROUGH BOTH TVPPA PERSONNEL AND VOLUNTEER EFFORTS OF MUNICIPAL AND COOPERATIVE ELECTRIC SYSTEM MANAGERS WITH TVPPA STAFF SUPPORT, THE FOLLOWING: CONSULTATION, ADVICE, AND REPRESENTATION THROUGH EXPERT PROFESSIONAL ASSISTANCE TO THE ASSOCIATION'S MEMBERS IN THEIR ONGOING RELATIONSHIPS WITH TVA WITH RESPECT TO TERMS AND CONDITIONS OF CONTRACTS, RATES, CONSERVATION PROGRAMS, AND OTHER MATTERS TO AID AND FACILITATE THE MUNICIPAL AND COOPERATIVE ELECTRIC MEMBER UTILITIES IN ACHIEVING THEIR OBJECTIVE TO SELL ELECTRIC ENERGY AND POWER TO THE ULTIMATE CONSUMER RATEPAYER AT THE LOWEST FEASIBLE RATE.
  • A SECOND MAJOR ORGANIZATION MEMBER PROGRAM IS THE OFFERING OF EDUCATIONAL AND PROFESSIONAL DEVELOPMENT, TRAINING AND INSTRUCTION TO ADVANCE THE PROFESSIONAL DEVELOPMENT OF EMPLOYEES OF THE ASSOCIATION'S MEMBERS AND OTHERS IN THE INDUSTRY WHOSE OCCUPATIONAL RESPONSIBILITIES ARE IN DISCIPLINES SUCH AS ENGINEERING, OPERATIONS, FINANCE, ACCOUNTING, HUMAN RESOURCES AND MANAGEMENT SERVICES.
  • A THIRD AREA OF THE ASSOCIATION'S PRIMARY ACTIVITIES IS COMMUNICATION IN BOTH WRITTEN AND ELECTRONIC FORM, AS WELL AS IN THE MEDIA, WITH ITS MEMBERS AND THEIR KEY STAFF, PUBLIC OFFICIALS, POLICYMAKERS AND THE GENERAL PUBLIC WITH REGARD TO THE ACTIVITIES OF MUNICIPAL COOPERATIVE ELECTRIC SYSTEMS IN THE TVA REGION, DEVELOPMENT OF NATIONAL INTEREST AFFECTING THE OPERATIONS OF MUNICIPAL AND COOPERATIVE NONPROFIT ELECTRIC SYSTEMS, TECHNICAL ADVANCES, AND PUBLIC POLICY DEVELOPMENTS AFFECTING THE ELECTRIC ENERGY INDUSTRY, PARTICULARLY IN THE TVA REGION.

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
62-0468356
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1968
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$37,481,812
Income (IRS master file)
$12,578,118

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$10,716,511$10,725,994$37,481,812IRS
990December 2023$10,607,865$9,943,815$37,075,495XML
990December 2022$8,595,984$8,688,854$35,095,876IRS
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 62-0468356).

Questions about TENNESSEE VALLEY PUBLIC POWER ASSOCATION INC

What is the EIN of TENNESSEE VALLEY PUBLIC POWER ASSOCATION INC?
The employer identification number (EIN) of TENNESSEE VALLEY PUBLIC POWER ASSOCATION INC is 62-0468356.
Is TENNESSEE VALLEY PUBLIC POWER ASSOCATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1968.
Are donations to TENNESSEE VALLEY PUBLIC POWER ASSOCATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TENNESSEE VALLEY PUBLIC POWER ASSOCATION 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 TENNESSEE VALLEY PUBLIC POWER ASSOCATION INC 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 PUBLIC POWER ASSOCATION INC 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 PUBLIC POWER ASSOCATION INC?
The 990 for the year ended December 31, 2024 names DOUGLAS J PETERS.
Who are the officers and directors of TENNESSEE VALLEY PUBLIC POWER ASSOCATION INC?
The 990 for the year ended December 31, 2024 lists 31 people; 9 received compensation from the organization, the highest $378,916 (DOUGLAS J PETERS, PRESIDENT/CEO).
How much revenue does TENNESSEE VALLEY PUBLIC POWER ASSOCATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $10,716,511, expenses of $10,725,994 and total assets of $37,481,812 at year end.

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