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EIN 54-0345615

Powell Valley Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
83
City
New Tazewell
State
Tennessee
Year formed
1940
Most recent tax filings
2024-06-01
NTEE code, primary
W80: Public Utilities
Description
Powell Valley Electric Cooperative is an electric cooperative located in New Tazewell, TN. Its mission is to distribute TVA-generated power and it offers various RUS programs as part of its services.
Total revenues
$74,424,587
2024
20202021202220232024$60m$70m$80m
Total expenses
$71,531,457
2024
20202021202220232024$50m$70m
Total assets
$118,784,831
2024
20202021202220232024$90m$0.1b
Num. employees
83
2024
2020202120222023202404080

Program areas at Powell Valley Electric Cooperative

Electric Cooperative in conjunction with rus programs, distribution of tva generated power.

Personnel at Powell Valley Electric Cooperative

NameTitleCompensation
Randell W MeyersChief Executive Officer$445,229
Brad CoppockGeneral Manager
Travis TolliverDirector of Operations$147,265
John HoyleDirector of Accounting and Finance
Charles "Bo" GoodinAssistant Manager$159,960
...and 2 more key personnel

Financials for Powell Valley Electric Cooperative

RevenuesFYE 06/2024
Total grants, contributions, etc.$0
Program services$72,083,507
Investment income and dividends$2,263,988
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$77,092
Total revenues$74,424,587

Form 990s for Powell Valley Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2024-062025-01-24990View PDF
2023-062023-12-15990View PDF
2022-062023-04-27990View PDF
2021-062022-03-07990View PDF
2020-062021-05-17990View PDF
...and 10 more Form 990s

Organizations like Powell Valley Electric Cooperative

OrganizationLocationRevenue
Central Electric CooperativeMitchell, SD$37,601,857
Southwest Tennessee Electric Membership CorporationBrownsville, TN$132,788,370
Choptank Electric CooperativeDenton, MD$183,421,421
Kit Carson Electric CooperativeTaos, NM$59,264,641
Cumberland Electric Membership CorporationClarksville, TN$364,091,551
Powder River Energy CorporationSundance, WY$189,443,702
Clay County Electric Coop CorpCorning, AR$35,184,742
Nishnabotna Valley Rural Electric CooperativeHarlan, IA$20,092,919
South Plains Electric CooperativeLubbock, TX$191,206,295
Golden Valley Electric AssociationFairbanks, AK$295,865,368
Data update history
October 16, 2024
Updated personnel
Identified 4 new personnel
February 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 6, 2024
Updated personnel
Identified 2 new personnel
February 4, 2024
Used new vendors
Identified 2 new vendors, including , and
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 levelReceives government funding
General information
Address
PO Box 1528
New Tazewell, TN 37824
County
Claiborne County, TN
Website URL
pve.coop/ 
Phone
(423) 626-0703
IRS details
EIN
54-0345615
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1940
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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