Totals
- Total revenue
- $9,412,650
- Total expenses
- $9,080,970
- Contributions and grants received
- $2,661,069
- Grants paid
- $52,000
- Program service revenue
- $6,633,259
- Investment income
- $51,405
- Other revenue
- $66,917
- Total assets, end of year
- $4,150,054
- Total liabilities, end of year
- $1,750,244
- Net assets or fund balances, end of year
- $2,399,810
- Program services expenses (Part IX)
- $7,404,837
- Management and general expenses
- $1,676,133
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $7,404,837
Program services were 81.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$2,418,169
-
1f · All other contributions, gifts and grants
$242,900
-
2a · Program service revenue: MAGAZINE
total $4,739,721 · related or exempt $4,739,721
-
2b · Program service revenue: CONFERENCESWORKSHOPS
total $1,325,964 · related or exempt $1,325,964
-
2c · Program service revenue: MAGAZINE ADVERTISING
total $480,574 · unrelated business $480,574
-
2d · Program service revenue: WEBSITE DEVELOPMENT
total $87,000 · related or exempt $87,000
-
3 · Investment income
total $43,905 · excluded $43,905
-
6a · Gross rents
real property $37,309
-
6c · Rental income or loss
real property $37,309
-
6d · Net rental income or loss
total $37,309 · excluded $37,309
-
7a · Gross sales of assets other than inventory
other assets $7,500
-
7c · Gain or loss
other assets $7,500
-
7d · Net gain or loss
total $7,500 · excluded $7,500
-
11a · Other revenue: MISCELLANEOUS
total $29,608 · related or exempt $29,608
-
11e · Other revenue, total
$29,608
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $52,000 · program services $52,000
-
5 · Compensation of officers, directors and key employees
total $648,672 · program services $359,360 · management and general $289,312
-
6 · Compensation of disqualified persons
total $727,164 · program services $402,845 · management and general $324,319
-
9 · Other employee benefits
total $573,481 · program services $320,718 · management and general $252,763
-
10 · Payroll taxes
total $93,987 · program services $51,724 · management and general $42,263
-
11b · Fees: legal
total $296,374 · program services $80,991 · management and general $215,383
-
11g · Fees: other
total $787,143 · program services $784,433 · management and general $2,710
-
13 · Office expenses
total $41,630 · program services $23,706 · management and general $17,924
-
14 · Information technology
total $81,472 · program services $16,838 · management and general $64,634
-
16 · Occupancy
total $31,617 · management and general $31,617
-
17 · Travel
total $89,713 · program services $44,738 · management and general $44,975
-
19 · Conferences, conventions and meetings
total $1,265,206 · program services $1,265,206
-
20 · Interest
total $24,758 · management and general $24,758
-
22 · Depreciation, depletion and amortization
total $87,636 · management and general $87,636
-
23 · Insurance
total $37,369 · management and general $37,369
-
24a · Other expenses: PRINTING
total $2,375,234 · program services $2,365,607 · management and general $9,627
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $79,670 · program services $17,629 · management and general $62,041
-
24c · Other expenses: TRAINING
total $38,463 · program services $38,463
-
24d · Other expenses: SHIPPING
total $1,527,649 · program services $1,525,594 · management and general $2,055
-
24e · All other expenses
total $221,732 · program services $54,985 · management and general $166,747
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $109,822 · end of year $214,209
-
2 · Savings and temporary cash investments
beginning of year $61,843 · end of year $317,038
-
4 · Accounts receivable
beginning of year $939,707 · end of year $774,507
-
9 · Prepaid expenses and deferred charges
beginning of year $152,563 · end of year $314,449
-
10a · Land, buildings and equipment: cost or other basis
$3,506,447
-
10b · Land, buildings and equipment: accumulated depreciation
$1,115,069
-
10c · Land, buildings and equipment, net
beginning of year $2,462,544 · end of year $2,391,378
-
15 · Other assets
beginning of year $28,035 · end of year $138,473
-
17 · Accounts payable and accrued expenses
beginning of year $864,343 · end of year $1,078,138
-
19 · Deferred revenue
beginning of year $603,978 · end of year $306,471
-
23 · Secured mortgages and notes payable
beginning of year $380,187 · end of year $87,635
-
24 · Unsecured notes and loans payable
end of year $278,000
-
27 · Net assets without donor restrictions
beginning of year $1,906,006 · end of year $2,249,810
-
28 · Net assets with donor restrictions
end of year $150,000
Mission and programs · 2023
Mission
TO PROVIDE INFORMATION, SERVICES, AND SUPPORT TO THE INTERESTS OF RURAL ELECTRIC COOPERATIVES IN TENNESSEE.
-
PROVIDE A JOB TRAINING AND SAFETY EDUCATIONAL PROGRAM TO EMPLOYEES OF MEMBER COOPERATIVES.
Expenses $4,685,467
-
THE TENNESSEE MAGAZINE IS THE OFFICIAL PUBLICATION OF TENNESSEE ELECTRIC COOPERATIVE ASSOCIATION AND THE 23 MEMBER ELECTRIC COOPERATIVES. IT IS PUBLISHED AND DISTRIBUTED MONHTLY TO COMMUNICATE COMMUNITY INTERESTS OF MORE THAN 1 MILLION TENNESSEE FAMILIES AND BUSINESS-MANAGED, LOCALLY OWNED ELECTRIC DISTRIBUTION AND SERVICE SYSTEMS OF THE TENNESSEE ELECTRIC COOPERATIVE ASSOCATION. APPROXIMATE CIRCULATION: 693,936.
Expenses $2,577,638
-
SPONSOR A YOUTH ESSAY CONTEST ABOUT RURAL ELECTRICITY TO COOPERATIVE MEMBERS WITH WINNERS EARNING A TOUR TO WASHINGTON D.C.
Expenses $141,732
As filed on the 2023 return.
Listed in Part VII
-
Mike KnottsMIKE KNOTTS
CEO
- Total calculated
- $324,727
- From this org
- $290,105
- From related orgs
- $0
- Other
- $34,622
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $290,105
- Bonus
- not reported
- Other
- not reported
- Deferred
- $8,399
- Nontaxable benefits
- $26,223
- Filer's total
- $324,727
-
David CallisDAVID CALLIS
RETIRED EXECUTIVE VP AND GM
- Total calculated
- $208,798
- From this org
- $183,587
- From related orgs
- $0
- Other
- $25,211
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $183,587
- Bonus
- not reported
- Other
- not reported
- Deferred
- $2,116
- Nontaxable benefits
- $23,095
- Filer's total
- $208,798
-
Christopher KingCHRISTOPHER KING
EDITOR
- Total calculated
- $202,950
- From this org
- $170,368
- From related orgs
- $0
- Other
- $32,582
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $170,368
- Bonus
- not reported
- Other
- not reported
- Deferred
- $5,225
- Nontaxable benefits
- $27,357
- Filer's total
- $202,950
-
Trent ScottTRENT SCOTT
VICE PRESIDENT OF COMMUNICATI
- Total calculated
- $169,639
- From this org
- $141,904
- From related orgs
- $0
- Other
- $27,735
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,904
- Bonus
- not reported
- Other
- not reported
- Deferred
- $3,867
- Nontaxable benefits
- $23,868
- Filer's total
- $169,639
-
Amy JordanAMY JORDAN
RETIRED CONTROLLER
- Total calculated
- $159,564
- From this org
- $136,339
- From related orgs
- $0
- Other
- $23,225
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $136,339
- Bonus
- not reported
- Other
- not reported
- Deferred
- $3,482
- Nontaxable benefits
- $19,743
- Filer's total
- $159,564
-
James BlockerJAMES BLOCKER
VICE PRESIDENT OF MEMBER SERV
- Total calculated
- $154,416
- From this org
- $122,738
- From related orgs
- $0
- Other
- $31,678
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $122,738
- Bonus
- not reported
- Other
- not reported
- Deferred
- $3,447
- Nontaxable benefits
- $28,231
- Filer's total
- $154,416
-
Tracey SharpeTRACEY SHARPE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Paul ThompsonPAUL THOMPSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jimmy SandlinJIMMY SANDLIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Russel DixonRUSSEL DIXON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dion CooperDION COOPER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Chris JonesCHRIS JONES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Richard LacherRICHARD LACHER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert KendrickROBERT KENDRICK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dan RodamakerDAN RODAMAKER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
John BowersJOHN BOWERS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Dana SaltersDANA SALTERS
SECRETARYTREASURER
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
TECA TELECOM INC
C Corp · INACTIVE - PROVIDED DISHSATELLITE TV TO COOP MEMBERS · TN · 100% owned
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 31 December 2024
- IRS schema version
- 2023v6.0
- Source object
- 202541329349302054
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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