EIN 62-0352367

Sequachee Valley Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
103
Year formed
1939
Most recent tax filings
2023-06-01
NTEE code, primary
Description
SVEC: Rural electricity provider to over 38,000 members and fiber-optic internet/tv/phone service provider in Marion County, TN.
Total revenues
$112,585,937
2023
Total expenses
$105,813,126
2023
Total assets
$171,194,164
2023
Num. employees
103
2023

Program areas at Sequachee Valley Electric Cooperative

Rural electricity distribution to 38,213 members located primarily in the southeastern Tennessee counties of bledsoe, grundy, marion, and sequatchie, but also in portions of van buren, rhea, cumberland, franklin, coffee, and hamilton counties.
Provision of broadband internet access, tv and telecommunications services via fiber optic network to rural homes and businesses located in marion county, Tennessee.

Personnel at Sequachee Valley Electric Cooperative

NameTitleCompensation
Terry Michael PartinPresident and Chief Executive Officer$272,264
Danny KirkendollVice President - Engineeri$186,169
Susan B DuggarVice President - Customer$137,725
F A HatfieldVice President - Administration Services$203,578
Matthew H BrewerVice President - Administration Secretary$115,952
...and 8 more key personnel

Financials for Sequachee Valley Electric Cooperative

RevenuesFYE 06/2023
Total grants, contributions, etc.$61,239
Program services$112,006,272
Investment income and dividends$432,411
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-2,417
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$88,432
Total revenues$112,585,937

Form 990s for Sequachee Valley Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-13990View PDF
2022-062022-12-15990View PDF
2021-062021-12-31990View PDF
2020-062021-06-30990View PDF
2019-062020-09-01990View PDF
...and 9 more Form 990s

Organizations like Sequachee Valley Electric Cooperative

OrganizationLocationRevenue
Southern Maryland Electric CooperativeHughesville, MD$558,196,918
Dixie Electric Membership CorporationBaton Rouge, LA$316,976,547
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$183,216,707
Webster Electric CooperativeMarshfield, MO$37,992,455
Consumers PowerPhilomath, OR$47,215,867
Sulphur Springs Valley Electric CooperativeWillcox, AZ$139,123,621
West River Electric AssociationWall, SD$44,777,288
Alaska Village Electric CooperativeAnchorage, AK$69,708,185
Inland Power and LightSpokane, WA$94,666,539
Kit Carson Electric CooperativeTaos, NM$57,387,729
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 21, 2024
Updated personnel
Identified 2 new personnel
December 31, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
Address
PO Box 31
South Pittsburg, TN 37380
Metro area
Chattanooga, TN-GA
County
Marion County, TN
Website URL
svalleyec.com/ 
Phone
(423) 837-8605
IRS details
EIN
62-0352367
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1939
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
Central organization
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