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EIN 62-0186725

Duck River Electric Membership Corporation

IRS 501(c) type
501(c)(12)
Num. employees
205
City
Shelbyville
State
Tennessee
Year formed
1936
Most recent tax filings
2023-06-01
NTEE code, primary
W80: Public Utilities
Description
Duck River Electric Membership Corporation delivers reliable electricity to 81,268 members located primarily in Bedford, Coffee, Franklin, Giles, Marshall, Maury and Moore counties in Middle Tennessee. The cooperative exists to promote economic development and enhance the quality of life for its members while providing electric service since its formation in May of 1936.
Total revenues
$235,445,434
2023
Total expenses
$235,445,434
2023
Total assets
$297,457,935
2023
Num. employees
205
2023

Program areas at Duck River Electric Membership Corporation

Providing Electric service to 82,871 members primarily in bedford, coffee, franklin, giles, marshall, maury and moore counties in middle Tennessee since the formation of the cooperative in may of 1936.

Personnel at Duck River Electric Membership Corporation

NameTitleCompensation
Scott SpencePresident and Chief Executive Officer$322,574
Michelle HerrmanVice President and Chief Financial Officer$0
Patrick JordanVice President - Operations / Vice President - Operation / Director of Operatio$183,340
William TillerVice President Engineeri$182,508
James BatesFinancial Co$124,332
...and 16 more key personnel

Financials for Duck River Electric Membership Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$234,525,207
Investment income and dividends$629,004
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$291,223
Total revenues$235,445,434

Form 990s for Duck River Electric Membership Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-10-31990View PDF
2022-062022-11-15990View PDF
2021-062022-05-13990View PDF
2020-062021-06-24990View PDF
2019-062019-12-11990View PDF
...and 10 more Form 990s

Organizations like Duck River Electric Membership Corporation

OrganizationLocationRevenue
Florida Keys Electric Cooperative AssociationTavernier, FL$102,799,205
Sulphur Springs Valley Electric CooperativeWillcox, AZ$139,123,621
Cooperative EnergyHattiesburg, MS$956,651,180
Win Energy RemcVincennes, IN$70,143,410
Carteret-Craven Electric CooperativeNewport, NC$72,417,120
Jackson Purchase Energy CorporationPaducah, KY$92,170,058
Consolidated CooperativeMount Gilead, OH$62,840,671
Northeastern Rural Electric Membership CorporationColumbia City, IN$148,636,885
Peninsula Light CompanyGig Harbor, WA$66,134,735
Cuivre River Electric CooperativeTroy, MO$137,337,346
Data update history
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 18, 2024
Updated personnel
Identified 3 new personnel
December 30, 2023
Used new vendors
Identified 3 new vendors, including , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 89
Shelbyville, TN 37162
County
Bedford County, TN
Website URL
dremc.com/ 
Phone
(931) 684-4621
IRS details
EIN
62-0186725
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1936
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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